The 3D Reset: How demographic shifts will impact global economies and markets
In the second piece of a three-part series, we explore the impact of changing demographics on global economies, markets and businesses. With global population growth predicted to decline and labor force growth expected to slow, the number of available employees will decrease, putting pressure on employers to compete for talent. This scarcity of workers could have significant impact on inflation and economic growth as wages rise. In this environment, businesses will need to pay more for salaries and productivity-boosting technologies, while workers will demand higher pay increases to alleviate the rising cost of living.
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The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.