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Demographic Change

Two senior citizen and a young boy are playing chess together.

Demographic change has now become a major topic of public debate. Although it is largely discussed in the context of current economic and social problems, the true dislocations resulting from demographic shifts have in fact yet to take place. Conversely, before the coming shifts occur, society should take advantage of the demographic benefits that have resulted from the increased birth rates of the 1950s and 1960s. The consequences of a declining and aging population will only make themselves fully felt once the baby-boomer generation enters retirement. Currently, policymakers and other social leaders are still in confusion about how to react to the imminent developments, which means key questions have been left unanswered and potential responses largely ignored.

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