Global Declining Birth Rates

Many countries around the world are experiencing sub-replacement fertility rates, which could have significant consequences for their economies and demographics. Predictions indicate that by the end of the century, only a handful of nations will maintain replacement levels of fertility, with most facing long-term decline. This decline affects capital markets and real estate, disrupting traditional assumptions that underpin economic growth. Japan serves as a primary example, having faced stagnant GDP per capita for decades despite various efforts to innovate and improve productivity in face of a growing elderly population.