Study: Education and health to combat the labor shortage in the future
The share of the labor force in the population will decline dramatically in the coming decades. This will have serious consequences for the economy and material prosperity in Germany. But education and health are effective levers for mitigating this development. They can get significantly more people into work – and increase average per capita income by up to 3,900 euros.
Study: Demographic change is leading to massive income losses in developed countries
Demographic aging will have a strong dampening effect on average incomes in Germany, France, Italy, Japan, Spain, Austria and the United States in the next 30 years. However, this effect can be mitigated by increasing investment in automation and digitalization. Our study has examined how strong the diminishing effect on individual income growth will be and how much compensatory investments would be necessary.
Panel: Can more Foreign Direct Investments foster Sustainable Development?
In our panel “Fostering Prosperity – FDIs and Demographic Transition” at this year’s Global Solutions Summit in Berlin, we discussed the question of how foreign direct investments can promote economic progress in demographically young developing countries.
T20 Summit: Is Material Prosperity Possible with Demographic Change?
This year’s T20 activities climaxed in the T20 Summit on May 26 and 27, 2019, in Tokyo. At the panel “Promoting Macroeconomic Integrity in the Face of an Aging Population,” Andreas Esche discussed how investments can promote material prosperity during demographic change.
T20 Task Force: Project "Demographic Resilience and Participation" Taking Part in T20 Task Force
In the global Think20 network, numerous think tanks and experts from the G20 countries join forces to develop solutions to urgent global issues. This year, for the first time, a task force has been set up to address the international trend of population aging and its economic impacts.
About the project: Demographic Resilience
In order to make pensions, care and healthcare systems fit for the future, we have to get out of the silo mentality. We want to uncover potentials and find solutions that stabilize our public service systems for all generations.