Employment and social protection in the new demographic context
The changing age structure of the population has potentially significant implications for economic development, labour markets and well-being in different development contexts. It raises issues of possible shortages in labour supply and skills, productivity and innovation and the provision of adequate social protection and other services for an increasingly ageing population. The report analyses these implications and the policy directions that are being developed and debated, especially in industrialized countries which are at a more advanced stage of this demographic transition. It also discusses the challenges of demographic transitions in developing countries. They have to prepare for population ageing while they experience a deep crisis of decent and productive employment opportunities including for young women and men, and high levels of poverty and informality.