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Social Science > Emigration and Immigration

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Finance & Development, March 2025

International Monetary Fund. Communications Department

Talent is one of the world’s most valuable resources. Countries that identify and nurture the best minds gain a competitive edge. Those that fail to do so don’t just slow their own progress—the world loses out, too. F&D magazine’s March issue examines the role of global talent and human capital through a macroeconomic lens.

Keywords:: historian PAULINA Bren; IMF photo; AI tool; WTO accession; slowing productivity growth; Migration; Job training; Women; Global; Caribbean; Africa; Southern Europe; Sub-Saharan Africa

Type:: Journal Issue

Source Title:: Finance & Development

Volume/Issue:: Volume 62: Issue 001

Series:: Finance & Development

Publisher:: International Monetary Fund

Publication Date:: 03 Mar 2025

Language:: English

DOI:: https://doi.org/10.5089/9798400297144.022

ISBN:: 9798400297144

Type:: Journal Issue

Source Title:: Finance & Development

Volume/Issue:: Volume 62: Issue 001

Series:: Finance & Development

Publisher:: International Monetary Fund

Publication Date:: 03 Mar 2025

Language:: English

DOI:: https://doi.org/10.5089/9798400297144.022

ISBN:: 9798400297144

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Finance & Development, March 2020

International Monetary Fund. Communications Department

This issue of Finance & Development discusses link between demographics and economic well-being. In the coming decades, demographics is expected to be more favorable to economic well-being in the less developed regions than in the more developed regions. The age structure of a population reflects mainly its fertility and mortality history. In high-mortality populations, improved survival tends to occur disproportionately among children. The “demographic dividend” refers to the process through which a changing age structure can spur economic growth. It depends, of course, on several complex factors, including the nature and pace of demographic change, the operation of labor and capital markets, macroeconomic management and trade policies, governance, and human capital accumulation. Population aging is the dominant demographic trend of the twenty-first century—a reflection of increasing longevity, declining fertility, and the progression of large cohorts to older ages. Barring a change in current trends, the industrial world’s working-age population will decline over the next generation, and China’s working-age population will decline as well. At the same time, trends toward increased labor force participation of women have played out with, for example, more women than men now working in the United States.