10 Feb 2021|Moody's Investors Service
A dwindling number of workers in developed economies will support a growing share of retirees, and growth and profitability are declining for banks, insurers and asset managers. Young Kim of the Insurance team and Tomoya Suzuki of the Banking team examine how South Korea’s insurers and Japan’s regional banks are turning demographics into opportunities (begins at 2:35), while Dean Ungar of the Asset Management team zeroes in on US asset managers’ future (begins at 11:35).
Sovereigns – Advanced Economies: Population ageing leading to new or wider government financing gaps may challenge debt affordability, policymaking
04 Mar 2020|Moody's Investors Service
Population ageing is likely to raise the debt and financing requirements of many advanced economy sovereigns in coming decades, as it drives greater fiscal spending. At the same time, over the longer term, shrinking labour forces and lower household saving flows will constrain funding for governments.
Local government – Texas: Population growth boosts sales tax revenue, helping cities meet rising service costs
19 Feb 2020|Moody's Investors Service
Population growth and economic development will continue to drive Texas municipalities' sales tax revenue higher in the near term, especially in the state's urban centers, providing additional resources to meet rising service demands.