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Ageing and shrinking labour pools are expected to stall expansion in the so-called BRIC nations - Brazil, Russia, India and China - that contributed almost half of global growth in the past decade.

Citing a report by Goldman analysts, the South China Morning Post reports that as the BRICs slow down, global growth probably will peak at about 4.3 percent a year this decade and fall to 3.9 percent a year in the 2020s. The BRICs account for about 25 percent of world gross domestic product.

Goldman Sachs Asset Management chairman Jim O'Neill notes that emerging economies, such as Indonesia, with large young populations might now be better investments.

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