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Richard Hokenson: Global Demographic Impacts

University of Texas Club

Wednesday, April 22, 12:00PM

Extraordinary demographic changes are occurring at an unprecedented pace.  The often-expressed alarm in the past about population explosion has been replaced by issues and concerns related to population implosion.  For the first time ever, most generations are not replacing themselves in the population pool, having more brothers and sisters than children.  Planet earth is aging at an extraordinary rate, especially in the developing world. 

Overlaying these unparalleled changes in the age composition of populations are dramatic shifts in the social mosaic.  In the west, marriage rates are rising and divorce rates are falling.  In the east, marriage rates are falling and divorce rates are rising. 

These unprecedented changes in the demographic profile of nations imply that the future will be radically different compared to the past (this time, it really is different). 

Richard F. Hokenson founded Hokenson & Company in May 2002.  Prior to that, Mr. Hokenson was the Director of Demographic Research at Credit Suisse First Boston where he was responsible for analysis and forecasting of global demographic trends and their associated economic and investment implications. Before joining CSFB in the November 2000 merger, Mr. Hokenson was the Chief Economist at Donaldson, Lufkin & Jenrette where, since 1978, he pioneered the application of demographics to economic and financial market forecasting.  Prior to DLJ, Mr. Hokenson served as senior economist at Merrill Lynch Economics from 1976 to 1977 and before that held the same position at Data Resources Inc. from 1973 to 1976.

He holds an undergraduate degree in economics with honors from the University of California at Berkley and an M.A. in Economics from the University of Michigan.  Mr. Hokenson did his Ph.D. research at New York University. 

RSVP required, please limit one guest per member (member must accompany guest). 2008-09 Guest policy applies: (1) no cost for pre-registered members, (2) $25 for walk-up members, (3) $25 for pre-registered guests of members (no walk-up guests), (4) $25 fee for pre-registered no-shows following the third no-show.

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