A pill in the works can bolster sagging global economic growth

economictimes.indiatimes.com:

economic growth, and now a new technology is in the works that promises to support growth when it is about to seriously decline in several countries. A team of scientists at Harvard claims to have found a chemical cocktail that has the potential to reverse the aging process. «We've previously shown age reversal is possible using gene therapy to turn on embryonic genes,» said David Sinclair, one of the researchers.

«Now we show it's possible with chemical cocktails, a step towards affordable whole-body rejuvenation.» Through experiments on mice and monkeys, they identified six chemical cocktails that were able to reverse visible signs of ageing in less than a week. The find will go through further research and clinical trials to validate the effectiveness and safety of these chemical cocktails for human use. An anti-aging drug that rejuvenates the whole body will surely be a miracle cure.

But it will also come as an economic boon. A fast-aging world population will certainly mean lower economic growth in many countries. India is one of the outliers as the majority of its population is young.

But after 2050, India too will face an aging challenge.Aging and economy An aging population in several countries and regions such as the EU, China and East Asia and even the US is set to shave off a sizable part of the economic growth. Aging and economy are directly linked. As the number of elderly increases, it means lower availability of workers and also a higher number of economic dependents.