Message: Shrinking populations pose a formidable fiscal challenge. Declining fertility and increasing longevity will lead to a slower-growing, older world population. These developments would place public finances of countries under pressure as spending on age-related programs (pensions and health) would rise. Policymakers should be prepared to deal with a fast transition to declining populations.
Moderator: Tom Chapman
Presenter: Mauricio Soto
Fiscal Affairs Department