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Generational imbalance is the economic and political tension which characterizes a state which has a reduced birth rate and increased health resulting in an increasing aging population compared to its younger working population; cost and generosity of welfare systems also plays a role.^[1]

Notes

↑ Niall Ferguson (November 18, 2011). "Why E.U. collapse is more likely than the fall of the euro" (Opinion). The Washington Post. https://www.washingtonpost.com/opinions/why-eu-collapse-is-more-likely-than-the-fall-of-the-euro/2011/11/17/gIQAuY6wZN_story.html. Retrieved November 19, 2011. "the generational imbalances arising from Europe’s combination of aging populations and over-generous welfare systems."

External links and further reading

Laurence J. Kotlikoff and Scott Burns The Coming Generational Storm": What You Need to Know about America's Economic Future", The MIT Press; New Ed edition (January 18, 2005), trade paperback, 302 pages, ISBN:0262612089, ISBN:978-0262612081

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[WashPost-1] Niall Ferguson (November 18, 2011). "Why E.U. collapse is more likely than the fall of the euro" (Opinion). The Washington Post. https://www.washingtonpost.com/opinions/why-eu-collapse-is-more-likely-than-the-fall-of-the-euro/2011/11/17/gIQAuY6wZN_story.html. Retrieved November 19, 2011. "the generational imbalances arising from Europe’s combination of aging populations and over-generous welfare systems."

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