Our economic systems are entirely dependent on the people who drive them and, throughout history, economic growth has been both a result and a catalyst for demographic growth. However, it’s now widely recognised that population growth is not only slowing but will soon begin to decline in the medium term. Faced with this impending demographic shift, what new systems—particularly economic ones—will have to adapt and thrive?
For the first time in history, population decline will stem from individual choices rather than external shocks. This reminds us that degrowth is worth considering only as an inevitable reality and not as an ideology. That’s the first topic we’ll be exploring in our upcoming GEAB issue, where we’ll be looking ahead to the consequences of population decline by 2050 and beyond. Our time horizon is further out than usual, because we believe in the importance of long-term thinking, zooming out the GPS a little further into the future to glimpse the major systemic trends.
Demographics are fundamentally about birth rates. Naturally, we asked ourselves which communities have the highest birth rates today and, therefore, are giving birth to the children of tomorrow. Interestingly, the most futuristic visions of an ultra-technological world are often advocated by groups with low birth rates. In contrast, the communities driving higher birth rates tend to embrace more traditional, even conservative, lifestyles.
Migration patterns are also shifting. Regions that were once the most welcoming to immigrants (such as Europe and the United States) are now dramatically reassessing their migration policies, while those that have historically been more selective (such as Asia) are also questioning their choices now. This suggests we are likely to see a regional reorientation of migration flows, alongside an intensification of demographic decline.
All of these issues, and more, will be explored in this edition of our monthly bulletin alongside an economic and financial calendar, and our regular investment recommendations.
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The headlines of the GEAB 188 (to be released on 15 October) :
– Editorial
– A shrinking world population: The need for new economic models to survive beyond 2050
– Europe’s setback in the great demographic rebalancing
– Which social models will dominate by 2050?
– Could Israel disappear as its population shrinks?
– A Calendar of future economic and financial events scheduled for the next six months
– Investments, trends and recommendations
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