October 2020

World report on ageing and health

By World Health Organization Organization Comprehensive public health action on population ageing is urgently needed. This will require fundamental shifts, not just in the things we do, but in how we think about ageing itself. The World report on ageing and health outlines a framework for action to foster Healthy Ageing built around the new concept of functional ability. Making these investments will have valuable social and economic returns, both in terms of health and wellbeing of older people and...

Financial Literacy and Financial Decision-Making at Older Ages

By Joelle H. Fong, Benedict S. Koh, Olivia S. Mitchell, Susann Rohwedder How well older households manage their wealth holdings is an important determinant of their financial security during retirement, yet little is known about their financial decision-making and how this relates to their financial literacy. Our paper fills this gap by measuring financial literacy among older persons in the Singapore Life Panel and examining its association with timely credit card debt repayment, stock market participation, and age-based investment...

September 2020

Demographic Obstacles to European Growth

By Thomas F. Cooley, Espen Henriksen, Charlie Nusbaum Since the early 1990's the growth rates of the four largest European economies -- France, Germany, Italy, and the United Kingdom -- have slowed. This persistent slowdown suggests a low-frequency structural change is at work. A combination of longer individual life expectancies and declining fertility have led to gradually aging populations. Growth accounting identifies the following five sources of economic growth: total factor productivity, capital deepening, labor supply on...

August 2020

Where Did the Pre-COVID World Stand on Protecting the Seniors?

By Natalia Milovantseva, PhD By 2050, the elderly population is expected to reach 2 billion, with 80% living in low- and middle-income countries. In today’s COVID-19 pandemic reality, income and health support for these older adults is a critical concern. What have the world’s countries been doing to ensure that their elderly do not live in poverty? Are there national policies to ensure their health needs are adequately met? How are the countries helping working adults who are responsible...

July 2020

A global study on creating inclusive environments for ageing populations Shifting demographics

By The Economist Intelligence Unit People today are typically living to increasingly older ages. This, however, has created challenges in providing health and social services for burgeoning older populations and governments across the globe have been slow to react. What counts now is how societies can maximise this opportunity and provide efective, inclusive environments in which to age.1 This report from The Economist Intelligence Unit (EIU) is based on findings from the “Scaling Healthy ageing, Inclusive environments and...

Healthy Ageing & Financial Security

By The Economist Intelligence Unit. A 2020 Economist intelligence Unit Study considers policy efforts to addres active and Inclusive ageing in the 19 countries of the G20, based on a custom index that benchmarks each country´s performance across different aspects, including healthy ageing, inclusive environments and fi nance security practices and policies. Source: Ageing Shift

Healthy Ageing & Financial Security

By The Economist Intelligence Unit. A 2020 Economist intelligence Unit Study considers policy efforts to addres active and Inclusive ageing in the 19 countries of the G20, based on a custom index that benchmarks each country´s performance across different aspects, including healthy ageing, inclusive environments and fi nance security practices and policies. Source: Ageing Shift

Health and Aging Before and After Retirement

By Ana Abeliansky, Holger Strulik In this paper, we investigate health and aging before and after retirement for specific occupational groups. We use five waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) dataset and construct a frailty index for elderly men and women from 10 European countries. We classify occupation by low vs. high education, blue vs. white collar color, and by high vs. low physical or psychosocial job burden. Controlling for individual fixed effects,...

World Population Prospects 2019

By Department of Economic and Social Affairs People, and thus populations, are at the centre of sustainable development. Each of the four global demographic “megatrends”– population growth, population ageing, migration and urbanization – holds important implications for economic and social development and for environmental sustainability. Timely and accurate population estimates and projections allow Governments to anticipate future demographic trends and to incorporate that information into development policies and planning. The 2019 revision of the World Population Prospects is the...

Empty Planet

By Darrell Bricker, John Ibbitson An award-winning journalist and leading international social researcher make the provocative argument that the global population will soon begin to decline, dramatically reshaping the social, political, and economic landscape For half a century, statisticians, pundits, and politicians have warned that a burgeoning population will soon overwhelm the earth’s resources. But a growing number of experts are sounding a different alarm. Rather than continuing to increase exponentially, they argue, the global population is...