Ireland is about 35 and it shows (little pale kiddies running around everywhere). That is the only one of the PIIGS I'm betting on.
Without structural changes, no amount of youth is going to dig them out.
As long as we are wildly off topic, a lot of young people in Japan are "encouraged" to move to Bangkok to do Japanese customer service jobs, where they can be paid less.
I personally don't find my observation about Ireland's large population of pale children particularly offensive. I happen to be pale and half-Irish myself (mom from Cork), as well as married to a pale Irish girl.
As for statistics to back up my claim that Ireland is a good bet relative to the remaining PIIGS, here is the % of population under 18 (from 2007, http://childrensdatabase.ie/sonc2008/part1/): Ireland: 24.4 Italy: 17.1 Spain: 17.5 Greece: 17.4 Portugal: 18.7
Regardless, if I offended anyone, I apologize.
I still think youth is a strong sign of a resilient economy. True, Germany doesn't seem to be effected...I'd argue there are other issues there (a phenomenal capital market, for a start).
Yes, in the sense that no matter what you post, if there's any substance to your point at all, someone will be offended by it. Don't sweat it.
(You're not hellbanned as of this post, if that's what you're wondering.)
In societies of extreme poverty children have long been viewed a hedge against old age
Of course the probability will be higher with more children, but the cost of having more children in a developed country far outweighs the benefits.
There's a huge difference in the results when you do it in a developing country and when you do it in Spain.
Theyd need something like germanies dual education system that has classic University/College Education plus on the Job apprenticeships were companies train young People for several years. These companies get some Financial benefits and the young get excellent job training plus a low income during that time. Afterwards they are qualified to tackle the more senior jobs. Of course this is a long term process as well, seems already too late.