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164 | North America and Europe (NAE) Report
Table 5-5. UN Population prospects for Europe.
Year |
Medium variant |
High variant |
Low variant |
|
|
thousands) |
|
2005 |
731,087 |
731,087 |
731,087 |
2015 |
727,227 |
743,202 |
711,151 |
2025 |
715,220 |
752,266 |
677,662 |
2035 |
697,507 |
757,482 |
639,351 |
2050 |
664,183 |
777,168 |
566,034 |
Source: UN, 2006
Table 5-6. UN Population projections for North America.
Year |
Medium variant |
High variant |
Low variant |
(thousands) |
|||
2005 |
332,245 |
332,245 |
332,245 |
2015 |
364,334 |
372,011 |
356,656 |
2025 |
392,978 |
413,338 |
372,678 |
2035 |
416,777 |
452,730 |
382,037 |
2050 |
445,303 |
517,137 |
381,551 |
Source: UN, 2006
5.2.2 Economics and international trade |
|
gions of the world. This growth will be considerably higher for most of the transitional and developing countries than for the EU-15, the United States and Japan, in particular for Brazil, China, India and the new EU Member States (EC, 2007). In the United States, public debt levels are expected to increase over the next twenty years due to significant increases in public expenditures on health care (OECD, 1995). In the reference case projections, the U.S. economy stabilizes at its long-term growth path by 2010. GDP is projected to grow by an average of 2.9% per year from 2004 to 2030, slower than the 3.1% annual average over the 1980 to 2004 period, because of the retirement of the baby boom generation and the resultant slowing of labor force growth. Canada's labor force growth is projected to slow in the medium to long term, however, as baby boomers retire. The country's overall economic growth is projected to fall from the current average of 2.9% per year to averages of 2.6% per year from 2007 to 2015 and 2.1% per year from 2015 to 2030 (IEO, 2007). 5.2.3 Sociopolitical drivers |
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