Global growth will slow because the working age population in some of the key centres for economic activity is falling, say Barclays.
However, Barclays' Michael Gavin also highlighted in a research note this week about how women are replacing men economically and this is a good thing.
In some cases, like in Japan, Barclays said that by having more women and old people entering the workforce, it is helping mitigate some of the economic damage from dwindling labour market participation from men:
The working age population of the
existing centers of global economic activity has stopped rising and
begun to fall. All else equal (including in particular productivity
growth and labor force participation), the implied slowdown in the
global labor force could subtract a full







