Italys old age dependency ratio in 2012 was 0.28; by 2050, it is expected to rise to

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Italy’s old age dependency ratio in 2012 was 0.28;

by 2050, it is expected to rise to 0.68. Would you be willing to build a new factory in Italy in 2050?

Will Italian teenagers in 2050 be motivated to study hard in school if they fear that their future earnings will be subject to high income taxes?

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