Post #4578 by onepoorguy on the US Policy board

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Not sure if this is behind a paywall (since I already pay). Interesting charts about changing demographics, specifically the aging world population. More affluent countries are aging, while less developed nations have younger populations that are able to work. In 1990 the US was in the top 10 of countries with working age populations. In 2023, we don't make the list.

https://www.nytimes.com/interactive/2023/07/16/wor...

The assertion is that this could be an opportunity for less developed nations to cash-in on prosperity.

East Asian countries that hit the demographic sweet spot in the last few decades had particularly good institutions and policies in place to take advantage of that potential, said Philip O'Keefe, who directs the Aging Asia Research Hub at the ARC Center of Excellence in Population Aging Research and previously led reports on aging in East Asia and the Pacific at the World Bank.

Other parts of the world ' some of Latin America, for example ' had age structures similar to those East Asian countries' but haven't seen anywhere near the same growth, according to Mr. O'Keefe. 'Demography is the raw material,' he said. 'The dividend is the interaction of the raw material and good policies.'

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