Growth and Reform in Europe, May 2015, BdP

Page created: Tuesday, 12 May 2015 15:00GMT | Updated: Tuesday, 12 May 2015 15:55GMT

Presentation:  09 May 2015 - 10 Page(s)
Competition  Flexible labour markets  Growth and Reform in Europe  Stock Markets

Demographic trends:
• Working age population growth is likely to decline significantly;
• Ageing economies typically invest less, presumably because they
have less labour to use the new capital;
• Increase of life expectancy is likely to increase savings as workers
save more to finance consumption through longer retirement;

Original title:  Growth and Reform in Europe in the Wake of Economic Crisis