Difference between revisions of "How will changes in the demographics of the (expanding) EU impact mobility?"

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=== Owner's Research === <br><br>
=== Owner's Research === <br><br>
Conclusions:
Conclusions:
As the average age of the European will increase and labor force participation decreases with age, both work-related and recreational mobility will be affected. The number of daily commuters will decrease. The impact of the aging population on recreational mobility is unclear, as their are uncertainties around wealth and health of elderly people in 2020, the key factors that drive mobility of elderly people for recreational purposes.
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Supporting Evidence:
Supporting Evidence:
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source: McKinsey Global Institute, The Graying of Europe, April 2005.
source: McKinsey Global Institute, The Graying of Europe, April 2005.
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"Labor force participation declines with age, especially after age 50", source Population Reference Bureau
<br><br?
Americans Living Longer, Not Necessarily Healthier Lives, source Population Reference Bureau


=== Non-owner's Research === <br><br>
=== Non-owner's Research === <br><br>

Revision as of 13:19, 9 October 2005

=== Owner's Research ===

Conclusions: As the average age of the European will increase and labor force participation decreases with age, both work-related and recreational mobility will be affected. The number of daily commuters will decrease. The impact of the aging population on recreational mobility is unclear, as their are uncertainties around wealth and health of elderly people in 2020, the key factors that drive mobility of elderly people for recreational purposes.

Supporting Evidence:

"Aging European Populations may threaten Living Standards and Prosperity"

"Europe is getting older. By 2025, one in five Europeans will be over 65 years old, up from 16 percent today. The median age will increase from 42 to 51 in Italy and from 42 to 47 in Germany. Across the continent, working-age populations will stagnate or shrink, while the number of retirees will explode"

The wealth of Europe declines: In 1998, 21 percent of Europeans were aged 65 or older. By 2025, this proportion will have grown to 33 percent; by 2050, it will be 47 percent.3 With fewer working-age citizens, who create most savings, and more retired citizens,who tend to spend their savings, the absolute level of savings will plunge across most of Europe."

source: McKinsey Global Institute, The Graying of Europe, April 2005.

"Labor force participation declines with age, especially after age 50", source Population Reference Bureau
<br? Americans Living Longer, Not Necessarily Healthier Lives, source Population Reference Bureau

=== Non-owner's Research ===