Dependency and depopulation? Confronting the consequences of a new demographic reality

This report by McKinsey explores the economic implications of a new demographic reality brought on by falling fertility and increasing longevity, revealing that the first wave of ageing economies has started to feel the impacts on economic growth, labour markets, consumption, and public finances. Later waves of ageing will hit emerging economies, which are expected to face a similar fate just one to two generations later. The report concludes with implications and recommendations for policy markers, businesses and society.