Unit 4 Macro: How Demographics Drive Global Economics
We link here to a recent 45 minute illustrated lecture given by Professor James Sproule on the impact of demographic change on competitiveness and growth prospects for the UK and other economies.
Economic growth depends on productivity gains and changes to the workforce. With service sector productivity gains diminishing and baby boomers across Europe approaching retirement, businesses face crucial questions on how they will fare. What can be done to maintain levels of prosperity in the UK?