A couple of elderly people arrives at the Tuileries Garden in Paris, France, September 2, 2019. REUTERS/Benoit Tessier
LONDON (Reuters) -Countries must act now to keep slowing population growth from wreaking havoc on their long-term economic prospects, the European Bank for Reconstruction and Development said in an annual report on Tuesday.
The report said ageing populations have already begun to hinder economic growth in some nations - and that in emerging Europe, the drop in the share of working-age people is projected to reduce annual per capita GDP growth by an average of almost 0.4 percentage points a year between 2024 and 2050.
