United Kingdom, Nov. 25 -- Demographic change is reshaping economies in the regions where the European Bank for Reconstruction and Development (EBRD) invests and elsewhere across the globe, emerging as a defining challenge for long-term growth, according to the Bank's new Transition Report 2025-26: Brave old world. Published today, the report examines demographic change and its profound implications for rapidly ageing economies, as well as for those with young, fast-growing populations.The new study shows that demographic pressures are mounting in emerging Europe, where falling fertility and dwindling working-age populations are projected to reduce annual GDP per capita growth by almost 0.4 percentage point on average between 2024 and 2050....