On present styles, the EU won’t have sufficient workers to fund its growing quantity of pensioners. Economists and policymakers have actually relocated beyond scraping their (greying) heads in despair. They give attention to what you can do to ease and perchance reverse the trend. That is also whatever they did at final week’s Munich Economic Summit that brought together a number of the world’s most readily useful individuals about the subject (http://www.munich-economic-summit.com/mes_2007/participants.htm).
The EU’s average fertility rate has become 1.5, well underneath the 2.1 had a need to take care of the measurements of a populace. In Germany and Italy, the fertility price is nearer to 1, meaning that each generation is 60 % smaller compared to the last one. A lot more worrying but less well-known is the undeniable fact that population decrease – exactly like populace growth – is exponential. Read more