Economic consequences of population ageing

Author(s):  
2021 ◽  
pp. 240-258
Author(s):  
Jan Zutavern ◽  
Martin Kohli

Welfare states must respond to the needs and risks that arise from secular transformations such as deindustrialization, tertiarization, digitalization, population ageing, declining fertility, and changing gender and family relations. This chapter shows that understanding the impact of needs and risks on welfare states requires both empirical and normative considerations: examining the socio-economic consequences of these transformations as well as the normative underpinnings of needs- and risk-based claims to social policy. We first discuss the normative concepts of human needs and risks and the marks they have left on prominent theories of the welfare state, and then move to the empirical side, taking stock of the current socio-economic challenges for a range of welfare states, and of their manifestation in today’s employment and family-related need and risk profiles.


2016 ◽  
Vol 37 (9) ◽  
pp. 1924-1961 ◽  
Author(s):  
ERIKA ARENAS ◽  
BONGOH KYE ◽  
GRACIELA TERUEL ◽  
LUIS RUBALCAVA

ABSTRACTPolicy makers are concerned about the socio-economic consequences of population ageing. Policies often rely on estimations of support ratios based solely on the population age structure. We estimate Generational Support Ratios (GSRs) considering health heterogeneity of the population age 60+ and education heterogeneity of their offspring. We explore the effect of a public policy that changes the education of a targeted sub-group of women when they are young on their health once they become older, taking into account changes in demographic processes (i.e.marriage, fertility, offspring's education). We used the model presented by Kyeet al.for the Korean context and examine the Mexican context. Our paper has three objectives. First, by applying this framework to the Mexican context we aim to find that improvements in women's education may mitigate the negative consequences of population ageing directly and indirectly through subsequent demographic behaviours that altogether affect GSRs. Second, by making a cross-national comparison between Korea and Mexico, we aim to quantify how policies of educational expansion have different impacts in contexts in which the population age 60+ have universal access to health care compared to contexts in which access to health care is selective. Third, by comparing cross-nationally we aim to show how differences in family processes across countries alter the pathways through which improvements in education affect GSRs.


1991 ◽  
Vol 11 (1) ◽  
pp. 59-68 ◽  
Author(s):  
William A. Jackson

ABSTRACTPopulation ageing is often thought to have adverse economic consequences, and economics therefore has a responsibility for contributing to an understanding of ageing. This paper discusses the treatment of population ageing in economic theory and argues that mainstream economics is too narrow and restrictive to provide an adequate representation of ageing. An alternative to mainstream economic theory is a more pluralistic view of ageing, drawing from non-neo-classical economic theory and from the theorising of the other social sciences.


Politik ◽  
2012 ◽  
Vol 15 (4) ◽  
Author(s):  
Kjeld Møller Pedersen

Danish forecasts for 2040 of the economic consequences of population ageing and longer life expectancy are critically reviewed. Alone for 2010-2020 an annual increase in spending of 4-5 billion Dkr is needed accord- ing to the best estimates. To this is added the consequences of the economic crisis. e annual growth rate has come down from 3,3% p.a. to close to 1%. is situation is put into perspective by looking at the scal sustainability of the whole public sector and how much health care adds to the challenge of staying scal sustainable: At least 0,7% of BNP out of a sustainability index of 1,1% is due to health care. No coherent strategy for coping with demographics and the economic crisis has been developed. A number of initiatives are discussed and evaluated: Increased productivity, elimination of the costs of bad quality in health care, tougher prioritization by changing indication levels for treatment, and increased preventive activities, e.g. readmission to hospital. At present no radical reform proposal for the health care sector are discussed. 


2003 ◽  
pp. 83-100 ◽  
Author(s):  
A. Radygin ◽  
R. Entov

The paper deals with theoretical approaches to the problems of property rights and contractual obligations and with analysis of economic consequences of the imperfect enforcement system. In particular, the authors consider Russian experience in the sphere of corporate conflicts. Legal and practical recommendations related to the improvement of legal framework, judiciary reform, executory process and different federal and regional authorities are also presented.


2006 ◽  
pp. 87-96
Author(s):  
Yu. Shvetsov

The article considers the problem of bureaucratisation of the state and the most important social and economic consequences of this phenomenon. The essence of bureaucracy has been revealed, characteristic features of its functioning in Russia have been analyzed; the material base of bureaucracy and its dominating status in the society have been substantiated. The conclusion has been made that the process of changing the role of the budget to serve the interests of bureaucracy is being accomplished.


2013 ◽  
Vol 10 (1) ◽  
pp. 101-114 ◽  
Author(s):  
Catherine Martel ◽  
Andrew Taylor ◽  
Dean Carson

Building on Fielding’s idea of escalator regions as places where young people migrate (often temporarily) to get rapid career advancement, this paper proposes a new perspective on 'escalator migration' as it applies to frontier or remote regions in particular. Life events, their timing and iterations have changed in the thirty years since Fielding first coined the term ‘escalator region’, with delayed adulthood, multiple career working lives, population ageing and different dynamics between men and women in the work and family sphere. The object of this paper is to examine recent migration trends to Australia's Northern Territory for evidence of new or emerging 'escalator migrants'.


2014 ◽  
Vol 23 (1) ◽  
pp. 103-124 ◽  
Author(s):  
Daniel Kopasker

Existing research has consistently shown that perceptions of the potential economic consequences of Scottish independence are vital to levels of support for constitutional change. This paper attempts to investigate the mechanism by which expectations of the economic consequences of independence are formed. A hypothesised causal micro-level mechanism is tested that relates constitutional preferences to the existing skill investments of the individual. Evidence is presented that larger skill investments are associated with a greater likelihood of perceiving economic threats from independence. Additionally, greater perceived threat results in lower support for independence. The impact of uncertainty on both positive and negative economic expectations is also examined. While uncertainty has little effect on negative expectations, it significantly reduces the likelihood of those with positive expectations supporting independence. Overall, it appears that a general economy-wide threat is most significant, and it is conjectured that this stems a lack of information on macroeconomic governance credentials.


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