Demographics

"From Baby Boom to Pappy Bust"

Demographics is the least investigated macroeconomic component even though it has profound consequences to a country's economic performance.

Demographics follow long cycles compared to the traditional economic and business cycles yet with the advances in healthcare and the late demographic cycle the world is in since WWII, they start having a large impact on the pensions and on the economy at large.

The Baby Boom following WWII is now transforming into a Pappy Bust with depleting pension schemes, rising healthcare costs and generational wealth inequality as the Seniors hold most of the assets.

The collapse of the birth ratio as well as the rise of women in the academic and corporate worlds also have ripple effects on Demographics, Pensions and Growth outlooks.

In this section we explore demographics in their financial dimensions: their contribution or cost to economic growth, the wealth distribution across generations and how they should be accounted for by governments.

Publications