Financial decisions and demographic change


Financial household decisions

Financial household decisions that are made are affected by changes in the world. While different types of changes are endless, key changes that now affect most people in world are:

  • demography 
  • public policy
  • financial service provision
  • technology 
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What is demography?

The structure of a country's population taking into account of factors like age, sex and ethnicity. 

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Emerging Countries

Countries that are getting richer by emerging from economic isolation and/ or newly industrialised (also known as developing countries)

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Industrialised countries

Countries with relatively high incomes per inhabitant and mature industrial structures (also called developed countries) 

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