Latin America is now aging faster than ANY region in the world. Chile has a lower birthrate than even Japan - Brian Winter

 Brian Winter

Brian Winter   • 2ndVerified • 2ndAuthor and dedicated observer of Latin America.Author and dedicated observer of Latin America.3d • 3 days ago • Visible to anyone on or off LinkedIn

Latin America is now aging faster than ANY region in the world. Chile has a lower birthrate than even Japan.

Latin America's average birthrate has fallen since the 1960s but a recent acceleration has surprised almost everyone. Brazil's census turned up 8 mln people fewer than expected. Paraguay's was almost 20% lower. "We'll basically have to plan for a new Paraguay," a baffled minister there said.

By 2100, if current trends hold, national populations will decline by a third in Chile and Uruguay, a quarter in Brazil, and a fifth in Argentina. There are obvious risks (pensions) but also opportunities: Businesses are investing in accessible tourism, care homes and robotics, part of a so-called “silver economy” projected to more than double in Latin America to $650 billion by 2033.

"Call it the Gray Tide: Latin America is in the early days of a historic demographic transformation, destined to reshape politics, businesses, communities, and how people live for decades to come," writes Laurence Blair in an ambitious new report for Americas Quarterly.

Link here: https://lnkd.in/eYybWbzt

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