Mutual support across the generations makes the world a better place for

everyone – old, young and in-between – but demographic trends are

throwing the balance out of whack. As populations age, fewer babies and

longer lives look set to place onerous financial and societal stress on

the young. So, will older generations be considered a burden on society?

At a meeting of OECD social policy ministers, John Piggott, a professor

of Economics at the Australian School of Business, outlined three key

areas where policymakers can be proactive in redressing the imbalance.