Date Added: Mar 2010
The global economy is approaching a demographic shock of a scale not observed since the Middle Ages. The working-age populations of many developed economies will start to decline shortly. Numerous organizations will be unable to find enough employees in their home markets to sustain profitability and growth. By 2050, the global population of those 60 yrs old and older will exceed the number of young (less than 15 years old) people for the first time in history. Human capital will soon rival - and may even surpass - financial capital as the critical economic engine of the future.