“The Pension Question: How Education and Demographic Change Affect an Aging Society”

news-container">But many of them don’t cut a very good figure. This is what Alexia Fürnkranz-Prskawetz describes in the new episode of the Fidelity Capital Market Podcast with Carsten Roemheld. The director of the Vienna Wittgenstein Center for Demography and Global Human Capital conducts research on questions of population economics. She not only examines the consequences of demographic change for working life, but also considers the role of states in a successful aging society. What she has to suspend the pension reforms in France. Why Spain and Italy are threatened with demographic collapse. And why education is the key to healthy and productive aging.

The Pension Question: Education as an Answer (Part I)

Investments in education are the most important government response to demographic changes, says Austrian demographic economist Alexia Fürnkranz-Prskawetz. She also calls for more flexible institutional framework conditions, for example when people reach retirement age. Incidentally, she is not afraid of a collapse in demand on the housing or stock markets. Older people don’t necessarily consume less – just differently.

Fidelity Podcast Capital Markets: The Pension Question (Part 1): Education as an Answer

The Pension Question: Women and Youth as Key (Part II)

The state can have a significant impact on how many children are born in its country – and how many young people stay. Both have a direct impact on the labor market and both are related to the family’s status in society. If necessary reforms fail, there is a risk of demographic collapse, says the Viennese researcher Alexia Fürnkranz-Prskawetz in the podcast. Some of our neighbors in Europe are on the verge of doing so – and should take the Nordic countries as an example.

Fidelity Podcast Capital Markets: The Pension Question (Part 2): Women and Youth as Key

Prof. Alexia Fürnkranz-Prskawetz

Professor of Mathematical Economics at the TU Vienna, director of the Institute for Demography/ÖAW, one of the five directors at the Wittgenstein Center for Demography and Global Human Capital, and researcher at the International Institute of Applied Systems Analysis (IIASA). She studied business mathematics at the Vienna University of Technology and completed a postgraduate program at the University of Chicago and the University of California, Berkeley. After her habilitation at the Vienna University of Technology in 1998, she headed a junior research group on “Population, Economy and Environment” at the Max Planck Institute for Demographic Research in Rostock for 5 years. Her scientific work covers topics of population economics, growth theory and environmental economics. She is a member of the Austrian Academy of Sciences and a member of the Leopoldina (National Academy of Sciences).

Carsten Roemheld is Capital Markets Strategist at Fidelity International. He has been analyzing the for more than 25 years financial markets and thus creates the basis for informed investment decisions. For his market observations he can draw on one of the largest global research teams in the industry.