Hi Giambiagi !

Hi Fabio!
Liked your comment that even if workers/non-workers ratio will continue to grow, the elders part of the non-workers will grow faster than the children lot and hence Pensions will be in dire straits (children are financed by their families).
At the end of your piece, you say this: gdp grew 4%, pop.ocupada grew 2,5%; product per worker hence 1,5%. Then you go on to say: with pop.ocupada growing only 1%, and gdp per worker at 1,5%, total gdp growth will not reach 3%....well, the math seems right, but what really counts is gdp/capita, right? So why the fuss?? Well, of course, we will have a Pensions problem, but that does not look like what you had in mind in the last sentence of your article in The Value.