The first baby boomers have reached retirement age, and the labor force will soon be shrinking in most parts of Europe. To cover the costs of aging and maintain its position as an economic power, Europe must increase overall labor participation considerably.
欧洲无法在中国和印度两国崛起、其自身人口老龄化的时候浪费宝贵的人力资本。首批婴儿潮已经到达退休年龄，劳动力在欧洲的大部分地区将会马上萎缩。欧洲为了承担人口老龄化的成本以及维持其经济强国的地位就必须大幅度增加劳动力的总体参与。