Killing Us Softly: How Demographics Drive Global Economics
Basic economic accounting suggests that economic growth depends on productivity gains and changes to the workforce. With service sector productivity gains diminishing and baby boomers across Europe approaching retirement, businesses face crucial questions on how they will fare. What can be done to maintain levels of prosperity in the UK? Will business embrace older workers? Is Europe's best strategy to supply capital to emerging markets and hope to live off the proceeds? What can we learn from contrasts with Japan, China, India? We will explore how most economic decisions we face are driven by our rate of reproduction.
James Sproule heads Accenture’s Research in the UK as well as their global Capital Markets Research and thought leadership programme. He previously worked as an economist in merchant banking, helping to found Augusta and Company as well as working for both Dresdner and Bankers Trust. Prior to his career in finance, he was a signals officer in the Royal Navy. He stood for Parliament at the 2005 general election and has been a visiting fellow in the Department of Management Economics at the London School of Economics.