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Europe’s population crisis could shave 4% off its GDP by 2040, Morgan Stanley warns, and the options to solve it aren’t good

Fortune
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78% Informative

Europe ’s working-age population will shrink by 6.5% by 2040 , says Morgan Stanley .

Italy is expected to be the biggest victim of this decline, with an aging population knocking 6% off GDP.

The only country set to expand thanks to shifting demographics is the U.K. , the bank says.

VR Score

85

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88

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32

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formal

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English

Language complexity

54

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short-lived

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