Two Demographic Threats of BRICS
The author’s analysis of UN demographic statistics revealed two internal problems that objectively impede to the BRICS countries to become new drivers of global economic growth — reduction of economically active population and increase of the social burden on one working person in the form of reducing the potential support ratio. Projected labour shortage could trigger serious socio-economic upheavals in the nearest future.
References:
- Ageev A.I., Kuzyk B.N. Demograficheskii fenomen BRIKS [Demographic Phenomenon of BRICS]. Ekonomicheskie strategii, 2017, no 7, pp. 6–15.
- Fond OON po narodonaseleniyu [United Nations Population Fund]. UNFPA, available at: www.unfpa.org.
- World Population Prospects. The 2017 Revision. Key Findings and Advance Tables . Department of Economic and Social Affairs. New York: United Nation, 2017, available at: https://esa.un.org/unpd/wpp/Publications/Files/WPP2017_KeyFindings.pdf.