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India to see more elderly as fertility falls, age structure shifts: Moody's
India is likely to have much older population later this century as the country's age structure is beginning to shift and fertility fallen "below replacement", Moody's Ratings said on Tuesday. Moody's said population growth has long been a tailwind for economic growth and creditworthiness, but falling fertility is now changing that picture. Fewer workers will limit productive capacity, while fewer households and consumers will weaken demand. As a result, countries will have to rely more on prod…
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