Asymmetric Demography and the Global Economy

The global demographic transition presents marked asymmetries as poor, emerging, and advanced countries are undergoing different stages of transition. Emerging countries are demographically younger than advanced economies. This youth is favorable to growth and generates a demographic dividend. However, the future of emerging economies will bring a decline in the working-age share and a rise in the older population, as is the case in today’s developed world. Hence, developing countries must get rich before getting old, while advanced economies must try not to become poorer as they age.

Asymmetric Demography and the Global Economy contributes to our understanding of why this demographic transition matters to the domestic macroeconomics and global capital movements affect the asset accumulation, growth potential, current account, and the economy’s international investment position. This collaborative collection approaches these questions from the perspective of “systemically important” emerging countries i.e., members of the G20 but considers both the national and the global sides of the problem.

Author Biography

Ramiro Albrieu, University of Buenos Aires, Argentina
Melvin Ayogu, Mapungubwe Institute for Strategic Reflection, South Africa
Ricardo D. Brito, INSPER Institute of Education and Research, Brazil
Richard N. Cooper, Harvard University, USA
Pranab Kumar Das, Centre for Studies in Social Sciences, Calcutta, India
Cai Fang, Chinese Academy of Social Sciences
Saibal Kar, Centre for Studies in Social Sciences, Calcutta, India
José Antonio Ocampo, Columbia University, USA
Olumide Taiwo, Centre for the Study of the Economies of Africa, Nigeria
Carlos Viana de Varvalho, Pontifical Catholic University of Rio de Janeiro, Brazil
Harry X. Wu, Hitotsubashi University, Japan
Du Yang, Chinese Academy of Social Sciences