Tag Archives | ageing populations

ICB Jan17

Recession the base case scenario for 2017

It is hard to be optimistic about the outlook for 2017. The good news is that policymakers are finally giving up on the idea that stimulus can somehow return us to the growth levels seen when the Baby Boomers were young.  As the Bank of England note in a new Report:   ”Economic theory suggests that a […]

Continue Reading
Right direction Nov16

Economic policy needs to focus on impact of the 100-year life

Nearly two-thirds of people in the world’s top 25 countries feel their country is heading in the wrong direction, according to a new poll from Ipsos MORI.  As their chart shows: China, Saudi Arabia, India, Argentina, Peru, Canada and Russia are the only countries to record a positive feeling The other 18 are increasingly desperate […]

Continue Reading
New Old Top 10 Apr14

World’s demographic dividend turns to deficit as populations age

We are living in a world of ageing populations for the first time in history.  For many, this conjures up a picture of vast numbers of old people leaning on walking sticks with one hand, and swallowing mouthfuls of pills with the other. But reality is a long way from this stereotype. LIFE EXPECTANCY HAS SUDDENLY INCREASED IN […]

Continue Reading
UK household spending

Ageing UK households’ impact on growth

My new post for the Financial Times FT Data blog highlights how household spending is very dependent on age. Guest post by Paul Hodges| Jan 29 11:28 | The UK’s ageing population is creating major headwinds for economic growth, data published last month by the Office of National Statistics shows. The issue is simple: the […]

Continue Reading

G7 births in 2013 equal Great Depression year of 1933

In 2013, there were fewer births in the G7 countries – responsible for nearly 50% of the global economy – than in any year since the Great Depression year of 1933.* As the chart also shows, 1933 was an exception.  Births bounced back immediately afterwards.  But the low figure in 2013 is part of the declining trend seen since […]

Continue Reading

Ageing consumers from Chile to China need affordable, quality goods and services

The New Old 55+ generation is the key demographic for future consumer spending.  Their numbers are rising rapidly as global life expectancy has risen by 50% since 1950. Over the same period, global fertility rates have halved.  So there will be fewer younger people joining the wealth-creator generation of 25 – 54 year-olds that has historically driven economic […]

Continue Reading

US reaches ‘peak car’ moment as incentives, inventories rise, whilst fewer Americans carry driving licenses

The blog’s suggestion back in March that now would be a good time for US readers to buy a new car is looking more and more prescient.  As the head of American Honda explained to investors last month: “In addition to a heavy reliance on fleet sales to boost volumes, we are seeing some of our […]

Continue Reading

Toy industry hit by lack of babies

The blog’s latest post for the Financial Times FT Data blog is below.  The industry is going through major difficulties, which is bad news not only for its suppliers of plastic and other components.  It is also a problem for China, which manufactures 70% of the world’s toys. The toy industry is going through difficult […]

Continue Reading

“US population is aging: older people tend to consume and spend less”

Its not just the UK that is seeing an earthquake taking place in consumer demand patterns, as the blog discussed last week.  The same earthquake is taking place in the world’s largest consumer market, the USA.  As the Wall Street Journal reports: “For the past three years running, unit sales of consumer products have been […]

Continue Reading

McDonald’s starts hiring young and old as the ‘demographic cliff’ arrives

Its really not that difficult to work out that much of the world faces a ‘demographic cliff’. But very few companies seem to want to act on the implications. So hats off to McDonald’s Europe for highlighting what needs to be done. Their chief people officer, David Fairhurst, told the Financial Times this week: “The […]

Continue Reading