The impact of population ageing is already visible

2021 ◽  
Keyword(s):  
Population Ageing ◽  
The Impact

scholarly journals Investigating the business performance on the financial well-being of the Government retirees

2021 ◽  
Vol 124 ◽  
pp. 03006
Author(s):  
Abdul Mutalib Embong ◽  
Norzamziah Afzainizam ◽  
Mariati Norhashim ◽  
Amirsaman Ahmadi
Keyword(s):  
Business Performance ◽  
Profile Analysis ◽  
Descriptive Analysis ◽  
Well Being ◽  
The Elderly ◽  
Population Ageing ◽  
Ageing Population ◽  
Cross Sectional ◽  
The Government ◽  
The Impact

Population ageing; where there is growth in the percentage of older persons in the population; is becoming a worldwide phenomenon due to better healthcare and lower birth rates. The phenomenon of population ageing brings with it both challenges and opportunities. The challenges of an ageing population include social, health and economic support of the elderly. Malaysia is recognizing the need to address this issue of financially supporting an ageing population. The purpose of the paper was to investigate the impact of business on the financial well-being (FWB) of the ageing, specifically the government retirees. A questionnaire-based survey was conducted among retirees who were in business throughout Malaysia that employed a cross sectional design. Forty-one respondents were successfully interviewed. Statistical procedures for the analyses included descriptive analysis and a profile analysis using scatterplot on the perceived business performance vs financial well-being. The survey revealed that the majority of the respondents operated business in the services, trade or retail industries which were set up and fully owned by themselves. Resource wise, the majority had very low financial capital, human capital and social capital. The study provides some empirical evidence that the retirees in business may be categorized into opportunity driven and necessity driven groups. The paper concludes that there is a need to find alternative income generation methods for the necessity driven group. Making paid work accessible to the elderly must be urgently put on the national agenda.

scholarly journals The Impact of Population Ageing and Social Stratification: The Case of Latvia

2019 ◽  
Vol VII (Issue 1) ◽  
pp. 49-63 ◽  
Author(s):  
R. Rupeika-Apoga ◽  
I. Romanova ◽  
L. Bule ◽  
Y.E. Thalassinos
Keyword(s):  
Social Stratification ◽  
Population Ageing ◽  
The Impact

The Madrid International Plan of Action on Ageing: from conception to implementation

2004 ◽  
Vol 24 (2) ◽  
pp. 147-165 ◽  
Author(s):  
ALEXANDRE SIDORENKO ◽  
ALAN WALKER
Keyword(s):  
Developing Countries ◽  
United Nations ◽  
Monitoring And Evaluation ◽  
Active Participation ◽  
Population Ageing ◽  
Pivotal Role ◽  
Systematic Process ◽  
Current Century ◽  
The Impact

The Madrid International Plan of Action on Ageing is the most important United Nations (UN) document on population ageing for 20 years and sets the context for global policies on ageing for the current century. Drawing from the authors' active participation in the preparation of the draft that formed the basis of the Madrid Plan, the primary purpose of this article is to describe the two-year process of development of the Plan. Then the main features of the Plan are outlined, including the pivotal role of the society for all ages concept and its thematic foundations. The Madrid Plan is contrasted with its Vienna predecessor of 20 years earlier – the priority given to developing countries in the former is identified as one of the key differences between them. Following a brief outline of the implementation and monitoring processes for the Madrid Plan, a model is presented as a potential template for use in evaluating the impact of the Plan and, especially, its effectiveness in improving the conditions of older people's lives. It is argued that a systematic process of monitoring and evaluation is required if the Plan is not to suffer the fate of being regarded as yet another worthy ‘wish list’.

scholarly journals The impact of social care expenditure at the end of life: a novel linkage study in Scotland

2017 ◽  
Vol 1 (1) ◽  
Author(s):  
Claudia Geue ◽  
Olivia Wu ◽  
Terry J Quinn ◽  
Alastair Leyland ◽  
Jim Lewsey
Keyword(s):  
Home Care ◽  
End Of Life ◽  
Inpatient Care ◽  
Social Care ◽  
Home Care Services ◽  
Population Ageing ◽  
Service Utilisation ◽  
Care Services ◽  
Utilisation Data ◽  
The Impact

ABSTRACTBackgroundAnalyses of inpatient care admissions have shown that population ageing does not lead to an increase in future healthcare expenditure to the extent that might be expected and that remaining time to death (TTD) is an equally important cost element. But as people live longer and the onset of disease and death are postponed to older ages the utilisation of social care services is another major cost component for elderly people, in particular those with chronic diseases. However, there is a distinct lack of social care data in Scotland to estimate the impact of population ageing and TTD on social care expenditure. ObjectivesThis study aims to estimate the utilisation and associated costs of inpatient and home care services among end-of-life patients. It will also determine the feasibility of undertaking the linkage of home care service utilisation data, inpatient care episodes and death records. MethodsNHS Greater Glasgow and Clyde (NHSGGC) social home care data (Cordia), Scottish Morbidity Records (SMR01) and death records (National Records for Scotland, NRS) will be utilised in order to estimate utilisation and costs for home care services and inpatient care at the end of life. The ‘Cordia’ data is available for the period September 2013 to November 2013 and includes information on the type, duration and frequency of home care services utilised. Costs will be assigned using ‘Personal Social Services Research Unit’ (PSSRU) costs. Using multilevel modelling techniques the association between TTD, age, demographic and socio-economic measures and expenditure on home care services will be estimated, while allowing the effect of covariates to vary over hierarchical levels, such as episode of care and the patient. Expected OutcomesThe wider literature suggests that contrary to inpatient care, costs at the end of life for the oldest old might be higher when considering elements of social care provision. The ‘Cordia’ data consists of 7,367 individuals with 1,620 observed deaths. Further results are forthcoming and findings will significantly add to the knowledge base in the area of population ageing and related health- and social care expenditure. This is a novel linkage and given the difficulties in obtaining social care data, this study will i) help to evaluate the feasibility of using these data for research, and ii) identify where costs at the end of life occur, thus facilitating more targeted approaches to end-of-life care.

scholarly journals Labour force participation in New Zealand: Tecent trends, future scenarios and the impact on economic growth.

1970 ◽  
Author(s):  
David Paterson ◽  
Simon Brown
Keyword(s):  
Economic Growth ◽  
New Zealand ◽  
Labour Force ◽  
Participation Rate ◽  
Labour Force Participation ◽  
Population Ageing ◽  
The Past ◽  
To Come ◽  
The Impact

This paper examines labour force participation trends in New Zealand, how we compare to the rest of the OECD and how participation and economic growth might be affected in the future by population ageing. Participation has risen significantly over the past 20 years despite an increase in the average age of the working­age population. We have looked at how participation has changed by age, gender and ethnicity. By contrast, average hours worked has declined over the past 20 years and we consider the reasons for that. Population ageing means the recent growth seen in labour force participation is likely to come to an end, with the participation rate projected to decline over the medium term. Falling participation will have a dampening effect on economic growth. We have investigated the impact of declining participation on gross domestic product using official labour force projections and identified a range of scenarios for what participation might look like in the year 2029. In each scenario, we discuss the impact on economic growth. Most other OECD countries are in a similar situation to us with respect to population ageing. We have looked at the latest Australian projections for economic growth in the long term and the increased growth in New Zealand’s productivity that would be necessary to begin to close the gap on Australia.

scholarly journals The global challenge of ageing population – Part I: Definitions, epidemiology and physiological changes

2018 ◽  
Author(s):  
Ian Sammy ◽  
Joanne Paul
Keyword(s):  
Developing World ◽  
Population Ageing ◽  
World Health ◽  
Ageing Population ◽  
Physiological Changes ◽  
Electronic Search ◽  
Study Results ◽  
The World ◽  
Epidemiological Characteristics ◽  
The Impact

Background & Objectives Over the past 50 years, epidemiological data from the World Health Organisation has demonstrated a trend towards population ageing throughout the world. While this is widely recognised in the developed world, the phenomenon has been largely overlooked in the developing world, despite the fact that the rate of ageing in developing countries far outstrips that of developed countries. This global trend towards an increasingly older society has significant implications for healthcare. This article aims to review the definitions of ageing, its epidemiological characteristics and physiological changes associated with ageing. Methods A narrative review of the literature was undertaken using Medline, CINAHL and the Cochrane Database, supplemented by manual searches of the literature, and guided by the reference lists of relevant papers identified in the electronic search. No restriction was placed on the type of paper to be included in the study. Results The initial electronic search of the three databases included 239 papers, of which 60 were found to be relevant and included in this review. These articles discussed the epidemiology and definition of ageing, the physiology of ageing and its impact on health and illness, and the implications for health services. The overall findings of the studies implicate the clear differences in the physiology of older people, which do create specific challenges for health service provision. Conclusion Population ageing is a significant global phenomenon, affecting both developed and developing regions of the world. More work is needed, particularly in the developing world, to better understand the impact of ageing on our population.

scholarly journals The Impact of Population Ageing and Labor Supply on Economic Growth - Analysis Based on Panel Autoregressive Model

2020 ◽  
Vol 11 (1) ◽  
pp. 51-58
Author(s):  
Changing Sun
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Labor Supply ◽  
Growth Analysis ◽  
The Elderly ◽  
Variance Decomposition ◽  
Population Ageing ◽  
Theoretical Level ◽  
The Impact ◽  
Auto Regression

AbstractPopulation Ageing will increase the proportion of the elderly in the population and affect the Labor supply, which will eventually have an effect on the economy. This paper first analyzes the impact of aging on labor supply and economic growth from the theoretical level. Population ageing argues will reduce the supply of labor and hamper economic growth. Then, based on the panel data of 31 provinces, municipalities and autonomous regions in China, this paper uses panel auto-regression Model. An empirical analysis of the interaction between population ageing and labor force is carried out by means of Impulse Response Diagram and variance decomposition. The study adds to evidence that ageing reduces the supply of labor and hence economic growth.

scholarly journals A Microanalytical Simulation Model to Predict the Long-Term Evolution of Employment Biographies in Austria: The Demographics Module

2016 ◽  
Vol 38 (4) ◽  
Author(s):  
Marcus Wurzer ◽  
Reinhold Hatzinger
Keyword(s):  
Pension System ◽  
Age Groups ◽  
Long Term Evolution ◽  
Population Ageing ◽  
Cross Sectional ◽  
Longitudinal Outcomes ◽  
Term Evolution ◽  
Policy Measures ◽  
The Impact

The well-known problems of decreasing birth rates and population ageing represent a major challenge for the Austrian pension system. It is expected that the group of pensioners will grow steadily in the future, while the proportion of people that support them – the taxpayers – will shrink. In this regard, microsimulation provides a valuable tool to identify the impact of various policy measures. With microsimulation, it is not only possibleto predict cross-sectional data (e.g., the distribution of age groups in 2050), but also to simulate lifecourses of people, providing longitudinal outcomes. The demographics module is the first in a series of modules that are part of a microsimulation prototype. This prototype is being developed in order to predict the long-term evolution of Employment Biographies in Austria.

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