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Population ageing is an increasing median age in a population because of declining fertility rates and rising life expectancy. Most countries have rising life expectancy and an ageing population, trends that emerged first in developed countries but are now seen in virtually all developing countries. In most developed countries, the phenomenon ...
A falling population caused by sub-replacement fertility and/or longer life spans means that the growing size of the retired population relative to the size of the labor force, known as population ageing, may cause a crisis in end of life care for the elderly because of insufficient caregivers for them. [9]
Investing in technological and human-capital development in order to enhance productivity might help the United States offset some of the economic effects of population aging. [ 6 ] [ 169 ] Raising the retirement age, further automation, and encouraging higher labor participation rates among women could help alleviate the labor shortage, with ...
Such plans to boost the silver economy were first mentioned in 2022, when the State Council outlined goals and benchmarks “to mobilize society as a whole to actively respond to population aging.”
Demographic dividend, as defined by the United Nations Population Fund (UNFPA), is "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)". [1]
A baby boomer putting money into a piggy bank. Following the Second World War, baby boomers benefited en masse from the economic boom that followed, with the U.S. coming out of the war as the true ...
Even so, it has been estimated that population ageing only explains 0.2 percentage points of the annual growth rate in medical spending of 4.3 percent since 1970. In addition, certain reforms to the Medicare system in the United States decreased elderly spending on home health care by 12.5 percent per year between 1996 and 2000. [34]
Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics.