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Why the Future of Business Depends on the Young World Rising

Rob Salkowitz

July 06, 2010

"More than half of the world's 6.8 billion people are under the age of 30, and most of them live in countries where the per-capita income is lower than $1000 per year. Meanwhile, projections show the average age of the United States, Europe, Russia, Japan and even China pushing dramatically upward, with declining numbers of young workers struggling to support mushrooming populations of elderly retirees. As the old centers of the global economy face aging workforces and declining fertility rates, the future increasingly depends on tapping into the energy and ideas of the rising Young World."

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