Organisation for Economic Co-operation and Development

OECD Warns Demographic Crunch Could Strain Global Economy but Offers a Path Forward

The OECD warns that the global economy faces significant challenges due to an aging population and shrinking workforce. This "demographic crunch" could slow economic growth and place immense pressure on public services. However, by increasing workforce participation, investing in education and training, and reforming pension systems, countries can counter these effects. Proactive measures can ensure sustainable growth and intergenerational equity, helping economies thrive even as demographic changes unfold.