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BB-Future Project

In the mid2030s, the health of the baby boomers will have deteriorated and many in these large cohorts will be in need of formal and/or informal long-term care. This “care wave” will transform two generations: the baby boomers in need of care and their children who may supply care. It will have significant implications for labour supply, especially for women, saving behaviour, and therefore for productivity, economic growth and its inclusiveness. 

The overarching objective of BB-Future is to understand the size and the implications of the care wave on economic and social outcomes, to appreciate the quality of this second ageing-related transformation and to develop policy recommendations for advance planning on the EU and Memberstate levels.

BB-Future will develop policy recommendations in a rigorous three-step approach: Based on projections of five fundamental trends and well-defined policy scenarios, a set of quantitative models will deliver key micro and macroeconomic outcomes which will be compared to derive policy recommendations.

This project is funded by the European Union under Grant Agreement 101093849 — BB‐Future as part of HORIZON‐CL2‐2022‐TRANSFORMATIONS‐01. We are grateful for the generous support. Views and opinions expressed are however those of the project participants only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.