Productivity, Technology, and Demographics

2019-03-25T16:18:29-04:00May 5, 2017|

By IMFBlog

May 5, 2017

Hal Varian, chief economist at Google, says that if technology cannot boost productivity, then we are in real trouble.

In a podcast interview, Varian says thirty years from now, the global labor force will look very different, as working age populations in many countries, especially in advanced economies, start to shrink. While some workers today worry they will lose their jobs because of technology, economists are wondering if it will boost productivity enough to compensate for the shifting demographics—the so-called productivity paradox.

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Wising Up to the Rising Costs of Aging Populations

2017-04-15T14:19:31-04:00August 14, 2011|

The world is on the threshold of a stunning demographic transformation caused by falling fertility and rising life expectancy. Global aging promises to affect every dimension of economic, social, and political life—from the shape of the family to the shape of the world order.
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