An ageing population is not just a developed country problem, says Steve Johnson in the FT. This mind-boggling graphic shows the speed at which countries went, or are expected to go, from 7 percent to 21 percent of their population aged over 65,
Just as emerging economies industrialised at speed, their populations are ageing at speed too. As countries become richer, two things happen; people live longer and they have fewer children.
Max Roser published a chart last week showing how quickly that decline in fertility happened in some of the emerging economies.
At the same time as birth rates declined, life expectancy also rose much more quickly in the emerging economies. By 2009, life expectancy in Turkey was less than 6 years behind the UK and Germany, while South Korea had caught up.
Source:Clio Infra via Our World in Data
UN forecasters expect both trends to continue…
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