By Libby George
LONDON (Reuters) -Countries must act now to keep slowing population growth from wreaking havoc on their long-term economic prospects, the European Bank for Reconstruction and Development said in a semi-annual report on Tuesday.
The report said ageing populations have already begun to hinder economic growth in some nations – and that in emerging Europe, the drop in the share of working-age people is projected to reduce annual per capita GDP growth by an average of almost 0.4 percentage points a year between 2024 and 2050.
Ageing Populations a ‘Ticking Time Bomb’ for GDP Growth, Says EBRD
