Question

What is the impact of age group on population?​

Answer 1

Explanation:

Countries with lower median age tend to have higher population growth rates. Lower-income countries tend to have a lower median age. This is because they have a 'younger' population overall: high fertility rates across these countries mean they have larger populations of young children and adolescents.

Answer 2

Answer:

The impact of population aging is enormous and multifaceted i.e., deteriorating fiscal balance, changes in patterns of saving and investment, shortage in labor supply, lack of adequate welfare system, particular in developing economies, a possible decline in productivity and economic growth, and ineffectiveness of macroeconomic policy. This policy brief proposes policy recommendations, covering comprehensive structural reforms, public finance reforms, and reform of public and private pension schemes.

Explanation:

BHAI EDO