Is Latin America Prepared for an Aging Population?

Latin America, while still comparatively young, is aging fast. Our research finds that population aging is challenging the fiscal sustainability of public pension and health care systems in the region. Policymakers will need to ensure adequate benefits for the rising share of older people—notably their social acceptability—by supporting formal employment and gradually reforming pension and healthcare systems. Demographic dividend Latin American countries are still younger than most advanced economies, but population aging is expected to accelerate. Today Latin American women have on...