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April 3, 2024
Most high-income countries will experience declines in their populations over the next few decades. Some negative consequences of aging are on the horizon: greater fiscal imbalances and risks of economic stagnation.
Immigration may by a way for those countries to mitigate the tendency. On the source side of immigration flows, brain drain is a risk.
The policy paper presents the case of Japan, a nation that has grappled with the consequences of a declining and aging population fo ...