Press conference "Demographic problems in Russia and the CIS: ways of solution". In an address to the Federal Assembly of the Russian Federation on 12 December 2012, Russian President Vladimir Putin said that "at the beginning of the 21st century, we faced a demographic and value catastrophe." The aging population in developed countries and the associated increase of the debt burden on the fiscal system could create difficulties in overcoming the financial crisis, according to international analysts predicting a fall of credit ratings of the leading economies of the world by 1.5 degrees by 2030.
Demographic situation in Russia
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