Could ‘grey power’ affect world economies?

The world’s elderly population is growing. By 2050 it’s expected that one third of the population of Europe will be over 65 – and this gives older people more political clout. Could this ‘grey power’ be having an effect on the world’s economies? Tim Vlandas explains his prize-winning research.

Tim Vlandas is Associate Professor in the University of Reading’s Division of Politics and International Relations. His paper ‘Grey power and the Economy: Ageing and inflation across advanced economies‘ won the 2018 Research Outputs Prize for the Prosperity and Resilience theme.