Europe's changing population in a global context

While most analyses of demographic change focus solely on quantitative changes and accompanying predictions for the future, this article combines evidence of population quantity shifts with human capital quality shifts. That is, it examines the demographic debate in light of human capital and education. The author argues that if skilled individuals in a population are the ultimate resource ensuring sustainable development, it is of utmost importance to address declining levels of education. In sum, he advocates large investments in human capital formation as the key to managing the future.
KEYWORDS: Demographic dividend; Africa; China; Europe; North America

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