Posted: Jul 03, 2016 11:28 am
tuco wrote:Back to reality ..
I've been reading little on the UK population growth and its clear that 50-70% of population growth in past, and future, decades, is due to migration, making the UK, along with other 3 EU countries, fastest growing country in the EU.
The effect of Brexit, assuming restriction on free movement, would then result in lower population growth(?).
Now is lower population growth desirable, from economic point of view? Especially in context of ageing population/pensions.
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Political challenges relating to an aging population: Key issues for the 2015 Parliament - https://www.parliament.uk/business/publ ... opulation/
The Impact of Migration on UK Population Growth - http://www.migrationobservatory.ox.ac.u ... ion-growth
Britain’s Population : Can We Absorb the Increase? - https://yougov.co.uk/news/2013/11/08/br ... -increase/
A reducing rate of immigration will at some point put pressure on wages to rise, directly increasing disposable income. At the same time that would reduce the country's GDP growth rate. Depends on if you are an employer or an employee which of those is more desirable.