15 Fastest Aging Countries in the World [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
According to projections by the United Nations (UN), the world's population will reach 10 billion by 2050. This growth is accompanied by increasing longevity. As a result, the ratio of elderly people to working-age adults is expected to nearly triple, from 20 per 100 people in 1980 to 58 per 100 people by 2060. This trend of population aging is affecting all developed economies (OECD countries) but at varying rates. The global working-age population is expected to decline by 10% by 2060. This trend will be most pronounced in certain countries. Countries with aging population problems include Greece, Japan, Korea, Latvia, Lithuania, and Poland. These countries are experiencing a decline of 35% or more in their working-age populations. This trend will place a strain on government pension plans worldwide. Hence, due to the aging population, countries worldwide are taking steps to make their pension systems more sustainable. Some of these steps include encouraging people to save, incre
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BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 5/7/24 - Form 424B2
- 5/7/24 - Form 424B2
- 5/6/24 - Form FWP
- BAC's page on the SEC website