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SERIES SCENARIO WORLD
Financing Demographic Shifts: The Future of Pensions and Healthcare in a Rapidly Ageing World Interim Report
World Economic Forum, January 2008

The World Economic Forum would like to express special thanks to Mercer (Marsh & McLennan Companies) for its strong contribution to the Financing Demographic Shifts Initiative and the development of this document. In addition, the World Economic Forum would like to thank all active contributors from a broad range of Industry Partners, international organizations, leading academia and policymaking institutions for their ongoing support and guidance. All names of the members of the Advisory Board and Expert Group of this initiative will be included in the final scenarios report (to be published in the second half of 2008).

The views expressed in this publication do not necessarily reflect the views of the World Economic Forum.

World Economic Forum 91-93 route de la Capite CH-1223 Cologny/Geneva Tel.: +41 (0)22 869 1212 Fax: +41 (0)22 786 2744 E-mail: contact@weforum.org www.weforum.org @ 2008 World Economic Forum All rights reserved. No part of this publication may be reproducted or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.

Contents

Introduction Executive Summary Demographic Shifts Key Challenges for Pensions and Healthcare in Developed and Less Developed Countries Key Driving Forces Shaping the Future of Pensions and Healthcare Globally Some Key Insights from the Scenarios Workshops Footnotes

2 3 4

6 9 14 16

1

Introduction

This report is an interim discussion document of the “Financing Demographic Shifts: Pensions and Healthcare Scenarios to 2030” initiative of the World Economic Forum. The initiative explores the future of pensions and healthcare in a rapidly ageing world. It takes a global perspective,

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