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The Euro Area Workforce is Aging, Costing Growth

Aiyar, Shekhar, Ebeke, Christian, Shao, Xiaobo, (2016), “The Euro Area Workforce is Aging, Costing Growth”, iMF-direct, 17 August

In parallel to the aging of the general population, the workforce in the euro area is also growing older. This could cause productivity growth to decline in the years ahead, raising another policy challenge for governments already dealing with legacies from the crisis such as high unemployment and debt.

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