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Page last updated at 08:51 GMT, Monday, 6 July 2009 09:51 UK

Do we face a demographic timebomb?

The economic effects of population changes in the in the UK and Europe could be far worse than the effects of the credit crunch, according to new book The Power of Numbers. Author Richard Ehrman, deputy chairman of the think-tank Policy Exchange, discusses the idea of a demographic crunch caused by an increasingly aged population combined with a low birth rate.

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