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dc.titleGrowth and the Demographic Turn: Development Finance in an Age of Far-Reaching Population Change
dc.contributor.authorMulgan, Geoff
dc.contributor.editorBuenadicha Sánchez, César
dc.contributor.editorOkumura, Masato
dc.contributor.editorLuque Orpez, Lucia
dc.contributor.orgunitIDB Lab
dc.date.available2026-04-01T00:04:00
dc.date.issue2026-04-01T00:04:00
dc.description.abstractThis publication, prepared by Professor Geoff Mulgan for IDB Lab, examines how profound demographic shifts -particularly declining birth rates and population aging- pose a critical challenge for Latin America and the Caribbean. Far from being a distant issue, these trends are already reshaping societies and economies across the region. The paper argues that, if managed strategically, demographic change can become a driver of economic and social progress rather than a source of crisis. Achieving this requires urgent transformation in public policy, institutional design, and the organization of public and development finance. Governments and stakeholders must rethink how they allocate resources and design systems to respond to new demographic realities. To support this transition, the document provides a detailed diagnosis of the regions demographic challenges and outlines policy options in key areas such as active aging, care economy, labor markets, migration, public innovation, and fiscal reform. These recommendations aim to help countries turn demographic pressures into opportunities for inclusive growth and resilience.
dc.format.extent36
dc.identifier.doihttp://dx.doi.org/10.18235/0013996
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Growth-and-the-Demographic-Turn-Development-Finance-in-an-Age-of-Far-Reaching-Population-Change.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectFinance
dc.subjectSilver Economy
dc.subjectDemographic Transition
dc.subjectRating
dc.subjectPopulation Aging
dc.subjectInvestment
dc.subjectPublic Finance
dc.subjectChildren
dc.subjectHealth
dc.subjectLabor Market
dc.subject.jelcodeJ11 - Demographic Trends, Macroeconomic Effects, and Forecasts
dc.subject.jelcodeH55 - Social Security and Public Pensions
dc.subject.jelcodeO15 - Human Resources • Human Development • Income Distribution • Migration
dc.subject.jelcodeJ21 - Labor Force and Employment, Size, and Structure
dc.subject.jelcodeJ14 - Economics of the Elderly • Economics of the Handicapped • Non-Labor Market Discrimination
dc.subject.keywordsdemographic change;development finance;population ageing;falling birthrates;fiscal sustainability;Silver economy;care economy;Active aging;Policy and Fiscal Reform
dc.typeMonographs
idb.identifier.pubnumberIDB-MG-01325
idb.operationBK-C2176
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