New research shows that ageing does not necessarily drag down the economy, and population decline may actually contribute to prosperity.
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But a new paper points out that the reality may be quite the opposite. According to new research by Daron Acemoglu, David Autor, Keelan Beirne, and Andrew Scott, historically, aging and population decline actually increase a country's per capita output and do not suppress overall GDP. The study found that workers and businesses turn to technology to compensate for a shrinking workforce, thereby boosting each worker’s productivity. Acemoglu won the 2024 Nobel Prize in Economics. Read more
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智通财经•2026/11/11 22:37

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