Population Growth Slowing

Summary

Across the world, populations are aging, marking a significant shift from previous concerns about overpopulation. While managing population growth more successfully than anticipated, we now face the challenge of addressing the implications of aging populations. The demographic story has transitioned from focusing on quantity to quality. The aging population profile puts pressure on economic and healthcare systems, necessitating a thoughtful approach to how we adapt. Healthcare innovations have led to longer life expectancy and improved quality of life, but they also intensify the impact of aging populations. This shift in demographics affects the economy, with longer retirement years requiring changes to savings and tax systems. Vulnerable pension and social security systems may prompt migration patterns as individuals seek cities with lower tax burdens. The location choices of aging populations will influence various aspects of society, such as social systems, infrastructure, transportation, mobility, and consumption. Preparing for these changes requires collaboration among communities, governments, and industries to adapt infrastructure and business practices accordingly. However, it's essential to strike a balance between meeting the needs of an aging society and ensuring a capable workforce, as both require resources that may be in competition. Failing to adequately support the education, development, and employment opportunities of younger cohorts can lead to increased vulnerabilities and social tensions within societies.


In Futures Research

Future Scenarios and Implications for the Industry

Future Scenarios and Implications for the Industry by World Economic Forum presents three potential future scenarios and their implications for industries: 1.) Building in a virtual world; 2.) Factories run the world; 3.) A green reboot. These scenarios explore different paths of technological advancement, social changes, and environmental challenges. The report highlights the significant impact that changing demographics will have on various industries, including shifts in consumer behavior, workforce dynamics, and market demands. It emphasizes the need for businesses to anticipate and adapt to demographic changes in order to remain competitive and sustainable in the future.

The Future of Immigration: Four Paths

The Future of Immigration: Four Paths by Institute for the Future provides an analysis of potential trends and scenarios surrounding immigration. It explores factors such as globalization, technology, and policy changes that may shape the future of immigration. The document presents four different scenarios, highlighting the complex and evolving nature of immigration and its potential impact on societies, economies, and individuals in the coming years.

Emerging Economies: demographic change

Emerging economies: demographic change by UK Government Office for Science focuses on the demographic changes occurring in emerging economies and their potential implications. It highlights the significant growth of the middle class and urban populations, as well as aging populations and increasing life expectancy. These demographic shifts are expected to create both opportunities and challenges for businesses and governments, requiring strategic planning and adaptation to leverage the potential economic benefits while addressing the social and economic implications of these changes.

Driving forces cards 2035

Driving Forces 2035 Cards by Singapore Government Centre for Strategic Futures provides a series of concise and informative cards that highlight key concepts and insights. These cards cover various topics such as strategic foresight, emerging technologies, global trends, and security challenges. Aging populations are a theme throughout.

Future of Government in 2030

Future of Government in 2030 by e.Republic is a series of short essays compiling the thoughts of over two dozen futurists. One of which sees governments facing the challenge of adapting to aging populations. This will involve reevaluating the mix of services provided, accommodating the needs of retirees, and addressing changes in tax bases as individuals relocate to areas with lower taxes and more favorable climates. Governments will need to find ways to deliver services efficiently while making difficult decisions about service reductions.

GAO 2018-2023 Strategic Plan: Trends Affecting Government and Society

GAO 2018-2023 Strategic Plan: Trends Affecting Government and Society by US Government Accountability Office is a study on the challenges faced by the federal government in managing and overseeing cybersecurity risks. A section of the report on “Changes in people and society” looks at current knowledge, key uncertainties, current positioning, and implications of aging populations.

Future of Highways

Future of Highways by ARUP examines the future of mobility and transport infrastructure. It identifies 'A growing and aging population' as a megatrend with global implications for the future of highways. By 2050, the global population is projected to reach approximately 9.5 billion, with varying population trends across regions. Aging populations in countries like Russia, Japan, and Germany will lead to population decline, while explosive growth is expected in some parts of the developing world, particularly in cities. The shift towards an older population will impact mobility solutions, as older generations may have different needs and preferences.

Review of how science and technology could contribute to better energy management in the future: futures studies

Review of how science and technology could contribute to better energy management in the future: futures studies by the UK Government Office for Science reviewed existing futures studies surrounding energy issues. The various studies found similarities in the social factors and trends that influence energy consumption. Population and lifestyles/values were identified as the primary drivers of energy usage. The studies discussed the expected population growth in developing regions and the anticipated decline in developed regions. Additionally, the impact of urbanization, demographics, and land use on energy consumption was examined across multiple studies.

Future State 2030: The global megatrends shaping governments

Future State 2030: The global megatrends shaping governments by KPMG International and the Mowat Centre examines global megatrends likely to impact the public and private sectors through 2030, and delves into the megatrends' implications for governments. One of these megatrends is 'demographics'.

Exploring Europe’s capability requirements for 2035 and beyond

Exploring europe's capability requirements for 2035 and beyond by RAND for the European Defense Agency aims to address defense and military challenges in Europe over the long-term. It highlights social factors that could contribute to unrest and conflict, such as:

  • “Increased age disparities, including an ageing global population but growth of youth populations and youth unemployment in certain regions.”
  • “Population decline in Europe, but slight growth in the rest of the world.”

Central Asia 2050: Unleashing the Region’s Potential

Central Asia 2050: Unleashing the Region's Potential by Centennial Group International highlights the potential and challenges faced by Central Asia, emphasizing the importance of the region's historical openness and trade connections. It presents an aspirational vision for 2050, envisioning widespread prosperity and improved social indicators comparable to South Korea and Central Europe. The book identifies key areas for development, including energy, agriculture, manufacturing, human development, climate change, market integration, and governance, with water resources management being a significant challenge. One of the drivers identified relates to demographic transitions.

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Last modified: 2023/06/07 18:13 by sarah.wheeler