Contents

Demographics are not set in stone, nor are their implications for individual and collective well-being.

THE LONG, GOOD LIFE

  • Population 2020

    Demographics can be a potent driver of the pace and process of economic development

    David E. Bloom

  • The Long, Good Life

    Longer, more productive lives will mean big changes to the old rules of aging

    Andrew Scott

  • Reversing Demographic Decline

    Singapore’s experience in trying to raise its fertility rate offers lessons for other countries

    Poh Lin Tan

  • Accepting the reality of secular stagnation

    New approaches are needed to deal with sluggish growth

    Lawrence H. Summers

  • Japan’s Shrinkonomics

    Japan is the world’s policy laboratory for dealing with an aging, shrinking population

    Gee Hee Hong and Todd Schneider

  • Eastern Europe’s Exodus

    In Europe’s newest states, emigration compounds the problem of aging populations

    Maria Petrakis

  • Immigrant Swan Song

    Immigration can solve the demographic dilemma— but not without the right policies

    Giovanni Peri

  • Getting Older but Not Poorer

    As societies age worldwide, pensions and public policies must adapt

    David Amaglobeli, Era Dabla-Norris, and Vitor Gaspar

  • ALSO IN THIS ISSUE

    Youth Rising

    Tree under thirty forge their own futures

    Sahiba Chawdhary, Omar Chennaf, and Jjumba Martin

  • DEPARTMENTS

    People in Economics Retirement Behaviorist

    Peter J. Walker profles Wharton’s Olivia S. Mitchell, a founder of modern pension research

  • Picture This Coming of Age

    By 2050, as birth rates continue to drop and people live longer, the world’s population will change Neil Ruiz, Luis Noe-Bustamante, and Nadya Saber

  • In the Trenches Rebuilding Somalia

    Finance Minister Abdirahman Dualeh Beileh sees hope for his country’s economic development

  • Back to Basics

    How Can Interest Rates Be Negative?

    Countries are starting to experiment with negative interest rates

    Vikram Haksar and Emanuel Kopp

  • Access to Finance:

    Why Aren’t Women Leaning In?

    Women are self-selecting out of the African credit market

    Hanan Morsy

  • Where the Sun Shines

    Renewable energy sources, especially solar, are ideal for meeting Africa’s electrical power needs

    Gregor Schwerhof and Mouhamadou Sy

  • 60 Years of Uncertainty

    Our new index provides novel insights into an amorphous concept

    Hites Ahir, Nicholas Bloom, and Davide Furceri

  • Book Reviews

    Good Economics for Hard Times, Abhijit V. Banerjee and Esther Dufo

    Capitalism, Alone: The Future of the System That Rules the World, Branko Milanovic

    Narrative Economics—How Stories Go Viral and Drive Major Economic Events, Robert Shiller

  • Currency Notes Natural Treasures

    Samoa honors its environmental heritage in colorful currency

    Melinda Weir

Front Matter Page

EDITOR-IN-CHIEF:

Gita Bhatt

MANAGING EDITOR:

Maureen Burke

SENIOR EDITORS:

Jacqueline Deslauriers

Peter Walker

DIGITAL EDITOR:

Rahim Kanani

ONLINE EDITOR:

Lijun Li

PRODUCTION MANAGER:

Melinda Weir

COPY EDITORS:

Michael Harrup

Lucy Morales

ADVISORS TO THE EDITOR:

Bernardin Akitoby

Celine Allard

Bas Bakker

Steven Barnett

Nicoletta Batini

Helge Berger

Paul Cashin

Luis Cubeddu

Alfredo Cuevas

Rupa Duttagupta

Thomas Helbling

Tommaso Mancini Griffoli

Gian Maria Milesi-Ferretti

Christian Mumssen

İnci Ötker

Catriona Purfield

Uma Ramakrishnan

Abdelhak Senhadji

Alison Stuart

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