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The Ageing Population: no historical evidence of impact on productivity or creativity

Complaints about the graying of the population sometimes imply an inevitable loss of economic dynamism. But I know of no historical evidence that either the productivity or the creativity of a society is determined by the age structure of its population.

The interaction between demographic and economic change is so much more complex than the simplistic doomsday scenario implies. Some interesting – and not always optimistic – efforts to grapple with it can be found in an open-access special issue of Population and Development Review, recently published by the Population Council in honor of its retiring editor, Paul Demeny.

Capture d’écran 2013-02-11 à 07.52.48

NYT Economix

via The Economy and the Economics of Everyday Life – Economix Blog – NYTimes.com.

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