Freshman, Driehaus College of Business
Major: Accounting and Finance
Honors Course: HON 100: Rhetoric and Critical Inquiry
Faculty: Julie Bokser, Department of Writing, Rhetoric and Discourse
Abstract: The world has entered the beginning of a Demographic Winter, a shift where the population is aging and shrinking at a faster rate when compared to the growth and fertility rate. In other words, a majority of the population is ready to retire rather than join the workforce. This causes several dilemmas for world governments that are accustomed to providing benefits and funds to a smaller population of retirees. Priscilla explores which government policies will be affected by the Demographic Winter. Her research expresses how the future population and governments are ill-prepared to replace the workforce and finance increasing government demands. This event will have many effects, and without government action, we are left vulnerable.