Higher life expectancy and falling birth rates are increasing the proportion of elderly people across the world, challenging the solvency of social welfare systems, including pensions and healthcare. Some regions are also facing the challenge of integrating large youth populations into saturated labor markets.

By 2030, the number of people aged 65 and older will double to 1 billion globally¹, causing concerns with overall labor market productivity and the ability of existing fiscal systems to withstand pressures of aging. In contrast, many developing countries are simultaneously experiencing a youth explosion, creating opportunities for 'demographic dividends' for governments that can overcome the challenges of successfully integrating younger citizens into the workforce.