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The article reports on the debt burden that would add to the difficulty in government finances as ageing of population comes. It states that this problem would be more experienced by developed countries which will likely have 15% of their population aging 65 or over in 2035. It will also have an impact on the growth rate in which countries with younger population will develop a bigger share of global growth. A chart is also presented on the gross government debt in various countries.

The article focuses on the economic condition of Australia. It highlights the two charts which indicate that the country remains among the fastest-growing wealthy nations of the world in 2008 and it is expected to repeat the feat in 2009. It implies that even there is a slower growth in the economic progress of the country, it remains among the best in the developed nations. It discusses the economic recession among the developed countries, including the U.S., Great Britain, and New Zealand.

Focuses on the economic and governmental problems concerning the aging population in developed countries. Increase in the cost of public pensions, aged care and retirement benefits; Decline in the long-term economic growth; Shortage of labor force.