Falling birth-rate can bring prosperity

The population is ageing - and demographic change is also altering working life. However, according to studies by Vienna University of Technology, the effects could well be positive. Vienna. Birth figures are falling and the proportion of elderly people in the population is rising. This development is often associated with negative consequences for economic growth, but there are no reliable empirical values to back this up, nor can economic models provide clear statements to this effect. Business mathematics analyses at Vienna University of Technology have now shown that a drop in population could actually have a positive effect on prosperity. However, this would require an increase in the level of education of the workforce - at every age.