Head of Research & Development, Erste Group Bank AG
Rainer Münz is Head of Research & Development at Erste Group Bank AG and Senior Fellow at the Hamburg Institute of International Economics. Dr. Münz was appointed in October 2008 by European Union leaders to a 12-member group known as the "Group of the Wise," tasked with reflecting on how best to deal with Europe’s future challenges and reporting back to the EU leadership in June 2010.
Dr. Münz is an expert on population change, international migration, and demographic aging and their economic impacts and implications for social security. From 1992 to 2003, he was head of the Department of Demography at Humboldt University, Berlin. Prior to that, he served as Director of the Institute of Demography at the Austrian Academy of Science. He earned his PhD from Vienna University in 1978.
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Economic and demographic disparities will shape the mobility of labor and skills during the 21st century. The populations of richer societies are aging rapidly, while working-age populations continue to grow in some emerging economies and most low-income countries. Despite these trends, many countries continue to assume that today’s demographic realities will persist. This policy brief describes how the current geography of migration is changing, and offers recommendations for policymakers.