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Fortune
Fortune
Eva Roytburg

Rich, western countries face a stark choice: 6-day workweeks or more immigration, top economist warns

Man picking beets (Credit: ETIENNE LAURENT/AFP)

A specter is haunting Europe — the specter of aging.

Many Western countries are facing what the World Bank calls a “profound demographic crisis”: The twin perils of an aging population and record-low fertility rates are predicted to send their populations plunging in the coming decades. 

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