Global Megatrends (II): Demographic Change

The ageing population and associated lack of skilled workers presenta serious challenge to Europe’s competitiveness and to the sustainabilityof European welfare systems. Demographic change meansthat migration is no longer simply a security issue or a humanitarianchallenge but has also become a significant economic factor. Targetedmigration management also makes it possible to create closer andmore extensive networks involving global growth centres. For thisto happen, the European Union needs to create a common migrationregime.