The welfare state and demographic dividends
<b>Background</b>: The demographic transition experienced by developed countries produces initial positive effects on economic growth ‒ the first demographic dividend ‒ which can be extended into a second demographic dividend if baby boomers' savings increase capital accumulation. N...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Max Planck Institute for Demographic Research
2017-05-01
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Series: | Demographic Research |
Subjects: | |
Online Access: | https://www.demographic-research.org/volumes/vol36/48/ |