Generational imbalance is the economic and political tension which characterizes a state which has a reduced birth rate and increased health resulting in an increasing aging population compared to its younger working population; cost and generosity of welfare systems also plays a role.[1]
Notes edit
- ^ Niall Ferguson (November 18, 2011). "Why E.U. collapse is more likely than the fall of the euro" (Opinion). The Washington Post. Retrieved November 19, 2011.
the generational imbalances arising from Europe's combination of aging populations and over-generous welfare systems.
External links and further reading edit
- Laurence J. Kotlikoff and Scott Burns The Coming Generational Storm": What You Need to Know about America's Economic Future", The MIT Press; New Ed edition (January 18, 2005), trade paperback, 302 pages, ISBN 0262612089, ISBN 978-0262612081