I wonder how countries will attempt to deal with declining populations. Immigration isn't really a solution, as the countries with positive fertility rates (falling fast) are not producing enough children to balance the decline. I find the geopolitical implications fascinating to think about. If a country is declining and cannot tempt migrants, does it perhaps become a tax haven? Is it absorbed by a larger country (either willingly or by force)? Does it join a union of other countries to form the start of a global government?
Economically, could the deflationary pressures of a declining population lead to low/negative interest rates and hyper QE?
It's going to be interesting to see.