Obviously, it creates the financial burden of supporting a larger older population with a smaller younger generation, leading to fiscal problems. The dominance of elderly consumers changes the demand structure and thus necessitates structural changes in corporate  BIS central bankers’ speeches  1  advancements is another element that deserves more extensive discussion, especially in terms of its impact on employment.
BIS Review 56/2004  5  Communication with the public and the markets has also been facilitated by the fact that our assessment of the economic situation and the risks to price stability are published regularly and that monetary policy decisions are explained in a press conference held after each monthly meeting in which monetary policy is discussed.