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Demographic Dynamics and Immigration Policies in High-Income Countries
Authors
Eduardo Andrade
April 3, 2024

Most high-income countries will experience declines in their populations over the next few decades. Some negative consequences of aging are on the horizon: greater fiscal imbalances and risks of economic stagnation.

Immigration may by a way for those countries to mitigate the tendency. On the source side of immigration flows, brain drain is a risk.

The policy paper presents the case of Japan, a nation that has grappled with the consequences of a declining and aging population for several years, as an example for other countries destined to confront similar circumstances in the forthcoming decades.

Population aging is a strong trend in place. Some negative consequences of aging are on the horizon: greater fiscal imbalances and the risk of economic stagnation. Most high-income countries will experience a decline in their populations over the next few decades, and immigration is a way to offset this tendency. On the source side of immigration flows, ‘brain drain’ is a risk.

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