What I am interested in here is especially immigration since this as we have argued before represents a viable solution to amend the effects of a declining and ageing population but as the FT reports Germany does not look good on this parameter either ...
(From the FT linked above)
'The exodus of Germans being lured away from home is greater today than at any time since statisticians began collecting figures about population movements in the 1950s.
Last year, for the first time since 1968, more people left Germany than arrived, according to Destatis, the federal statistical office. It estimates that 144,815 Germans left the country last year because of high unemployment, better opportunities or, in some cases, tax.''
German demographers were shocked in 1987 when the latest census put the population at 82.4m – 1.3m lower than projected. But a more unpleasant surprise could be in store for Germans as work for the next census gets under way this week. The previous emigration record of 1956 was breached in 1994 and, after several years of decline, the outflow began rising again in 2001, and continued to rise up to 2004, although 2005’s figure of 144,815 was slightly down on the year before.
“There has definitely been an increase [in German emigration] over the past two to three years,” said Christina Busch at the Raphael-Werke, an organisation that counsels would-be emigrants. “What worries me is that 99.9 per cent of those I see have qualifications. Many have children. Some even have good jobs. And most want a clean break – they do not intend to come back.”
Architects, engineers, lorry drivers, scientists and social workers are leaving in droves, according to figures. The outflow of doctors towards Scandinavia is such that the medical faculty of Erlangen University recently started offering Swedish courses to its students.'
'For former East Germany, the outlook is particularly grim. Another IAB study estimates the region’s population will drop from 15m to 9m by 2050.'
In my opinion this is really one to watch out for especially amidst all the talk of a sustained recovery in the Eurozone. But even in its own right and looking at Germany alone we can already see that some serious challenges lie ahead for policymakers as the effect of the Germany's relative demographic decline is kicking in.