Low birth rates over the last few decades will slow the flow of young people into the workforce just as the retirement of the baby boom and increasing longevity will enlarge the proportion of dependent retirees.
The "emerging markets" have become shrouded behind a huge question mark. As corporate earnings season underscores, Morgan Stanley expects recent good performance to turn south, noting that emerging markets have made little "improvement in fundamentals."
hen the IMF was founded in 1945, the world looked very different than it does today. One of the most profound differences is the structural demographic shift from "young to old," where by as soon as 2020 there will be a billion of us over 60, soaring to two billion by mid-century
During an era when there are more of us over 60 than in the traditional "working age," who could quarrel with the fact that American economic growth needs older Americans to remain as economically engaged as their kids and grandkids?
Instead of recognizing the value of the creative potential, wisdom and experiences that senior citizens can share with their respective communities, we are treating them as if they were merely a financial liability.
I am a part of the human services "industry" and, as such, you can count me among those who have this crazy belief that we could live more fulfilling lives (as in "Life, liberty and the pursuit of happiness") if we had a more rational approach to aging.
Research has long been a major priority of the American Heart Association. Our organization has invested upwards of $3.5 billion into research, more than any organization outside the federal government.
Virtually all hospital doctors look like Doogie Howser, and restaurant hostesses look like they, themselves, just started eating solid food recently. LBL has become skeptical about most people out in the world being capable of either curing her illness or getting her a table at a restaurant.
One day, around the middle of this century, the population of the planet will be smaller than it was the day before. This day will mark the dividing line between a world dominated by the concept of exponential growth to one that has the opportunity to come to grips with sustainability.
I'll be honest; I wasn't thrilled about turning 70. I've always been youthful, healthy, and extremely active and although nothing had changed suddenly everything seemed different. I felt lost, fearful, and untethered; this was unknown territory.