Tomorrow's World: A Look at the Demographic and Socio-Economic Structure of the World in 2032

Acknowledgments ixIntroduction xiChapter 1 The Present Demographic Scenario 1The Current State of Global Demography 2Where Is Everyone? 6Age Profile 7The Household 8Urbanisation 10Education 11Employment 13Household Income 16Summary 19Chapter 2 Population Change by 2032 21Migration, Births, and Death Rates 22Death Rates 31The Implications for Total Population Changes 32The Changing Age Profile 34Summary 38Chapter 3 Tomorrow's Household 41The Modern Household 41The Changing Nature of Tomorrow'sHouseholds 45Employment and Dependency Ratios 48Household Dependency Ratios 49Summary 51Chapter 4 Education and Productivity 53The Education Index 54The Future Demand for Education (and Standards) 56Education's Impact on Society 60Can India Catch Up? 62Strategic Implications 63Summary 65Chapter 5 The Evolving Labour Force 67Factors Influencing the Size and Value of the Labour Force 68Strategic Implications 84Summary 85Chapter 6 Where in the World Is the Money? 87Elephants in the Room 87Usefulness of GDP for Evaluating the Potential of the Consumer Market of One Country Relative to Another 89What Is the Best Way to Compare Expenditure among Countries? 91So, Where Is the Money? 92Relative Average Household Incomes per Capita in 2012 94Where Will the Money Be in the Future? 96The Future for Household Incomes 106Deciding Whether to Save or Spend 109Summary 111Chapter 7 Distribution of Households by Income 113Introduction 114The Different Income Segments 116Who Are the Middle Class? 127Purchasing Power Parity (PPP): When Not to Use It 133Strategic Implications 134Summary 135Chapter 8 The Changing Pattern of Consumer Expenditure 139The Basic Relationship between Consumption and Affluence 140Changes in Expenditure by Income Segment and Region 148Age Group and Expenditure--Where Should Brands Target Their Efforts in Future? 156Strategic Implications 159Summary 160Chapter 9 The Health Tsunami 163The Relationship between Ageing and Demand for Health Services 165The Cost of Health Care

Dr. Clint Laurent is the founder and Managing Director of Global Demographics Ltd., formerly Asian Demographics Ltd. Dr. Laurent moved to Hong Kong in 1976, initially with Hong Kong University and then as a director of Price Waterhouse, where he built up a market research and consultancy group. In the following years, Dr. Laurent founded and sold off two leading regional research companies-Asia Market Intelligence Ltd. and then Asia Studies Ltd. before launching Asian Demographics in 1997. Dr. Laurent holds a PhD in marketing and statistics from Bath University in the UK.