Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Deep waves Longevity: the undertow to the demographic wave

In our “Deep Water Waves” publication, we identified several powerful, connected and long-duration factors that will have a significant impact on investment returns over the next decades. One of these is the Demographic Wave. Its impact is a distinct aging of the populations of some countries and high fertility rates and young populations in others. The countries that have driven global economic growth over the last generation are aging fast, creating productivity and growth challenges.

This paper is a derivative of “The Demographic Wave” and identifies the economic, political and investment implications for countries with lower fertility and growing life expectancy. The research that underpins this paper uses the analysis of the structural positioning of 110 countries (covered by our proprietary Country Risk Framework) to outline potential policy direction and the signposts for investors to watch for. Growing demand for credit and a more constrained access to financing will play defining roles, along with the impact of geoeconomics and climate change in the next 20 years.

Download the full paper

 

  •   29 August 2024
  •      
  •   

 

Leave a Comment:

banner

Sponsors

Alliances

© 2026 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.