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Politics : Sharks in the Septic Tank

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To: Lane3 who wrote (6850)	2/28/2001 8:34:05 AM
From: Lane3	Read Replies (2) of 82486

The Specter of Global Aging By Robert J. Samuelson Wednesday, February 28, 2001 <snip> Some things we can glimpse, and one of them is global aging. It is a specter that stalks most advanced societies. During the next half-century, most wealthy societies -- the United States is a conspicuous exception -- will lose population; all will have older populations. This is a collective change that will profoundly influence the world economy, the future of democracy and relations between nations with declining populations (generally richer countries) and those with expanding populations (generally poorer countries).<snip> <snip>As Hewitt notes, richer countries could also prepare for their aging by investing in poorer countries. Trade could substitute for immigration. Investments from wealthier countries would enable developing nations to build up their industries. As people retire in the rich world, they could use some of the dividends and interest from their investments to buy imports from poorer countries. Both developed and developing countries would benefit. But this bargain assumes, Hewitt says, that "globalization" works smoothly -- an iffy assumption. <snip> washingtonpost.com

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