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RESERVE BANK OF AUSTRALIA

Bulletin – June Quarter 2010

Demography and Growth

Jamie Hall and Andrew Stone

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Abstract:

Substantial demographic shifts are under way in many countries which could have a sizeable impact on trend growth rates over coming decades. This article explores some of these demographic developments, particularly in relation to population growth and age structure, for a range of economies. It also examines some of the direct effects that these changes could have on average growth over the next 10 years.