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Demand saturation – creation and economic growth

In: The Economics of an Ageing Population

Author

Listed:
  • Masanao Aoki
  • Hiroshi Yoshikawa

Abstract

The Economics of an Ageing Population studies the effects of demographic transition on the economies of industrialised countries. The authors demonstrate that an ageing population does not necessarily lead to a reduction in growth, providing that the working population are more productive and save a greater percentage of their income. They look in detail at the examples of Italy and Japan, two countries which have the fastest ageing populations in Europe and the world respectively.

Suggested Citation

  • Masanao Aoki & Hiroshi Yoshikawa, 2004. "Demand saturation – creation and economic growth," Chapters, in: Paolo Onofri (ed.), The Economics of an Ageing Population, chapter 4, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:3381_4
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