October 2026

Asia’s next trillion-dollar growth engine: How to tap the longevity economy

Asia is rapidly ageing for two main reasons: People are living longer, and birth rates are falling. According to the World Economic Forum's Longevity Dividend report, co-authored with Marsh, the global over-65 population will grow by 53%, while the working-age population will rise by a mere 13% by 2040. Asia's ageing population is no longer just a HR prerogative — it is now a board-level agenda. The report estimates what inaction could cost the world: $645 billion in lost productivity...

Older consumers hold growing sway over the American economy

The U.S. economy is entering the "age of the older consumer," driven by an aging population and close to $140 trillion in net worth tied to 55-and-over households, according to a new Bank of America Institute report. The demographic shift could have a significant influence on the wider economy. “I think this does provide big opportunities for businesses that can cater for the kind of older dollar, if you like,” Bank of America Institute Senior Economist David Tinsley said. The aging of...

Do the Japanese elderly prefer robotic care?

Population aging and shortages of long-term care workers have increased interest in care-giving robots and information and communication technology (ICT). This paper provides novel large-scale evidence on older individuals’ perceptions of such technologies, drawing on a custom-designed internet survey of 4,314 Japanese individuals aged 55 to 75. Respondents choose between two otherwise identical nursing homes: one in which all care is provided by human caregivers, and one in which robots and ICT are used to provide a substantial share...

How Population Ageing and Pension Insurance Shape Household Risk Investment: Evidence from China

By Xueyao Que, Zhen Wang & Chu Chen Against the backdrop of rapid population ageing and the ongoing expansion of China’s multi-tiered pension insurance system, understanding how to promote household risk investment has become increasingly important for fostering the development of the silver economy and improving household wealth allocation. Using data from the 2019 China Household Finance Survey (CHFS), this study empirically examines the effects of population ageing and pension insurance on household risk investment behaviour and explores the underlying...

US. Poverty Rates Continue to Climb for Older Adults

The poverty rate of people 65+ is the highest of all age groups and is growing, according to an AARP Foundation analysis of 2025 supplemental poverty rate data on older adults released by the U.S. Census. The report assessed Census data for adults aged 65+ along with those aged 50-64, as near-retirement poverty can portend poverty in retirement. AARP Foundation’s review, released in September 2026, found that adults aged 50+ have had an increase in poverty rates since 2019. Adults...

Fewer older Americans are working. Here’s one likely reason

Older Americans make up an ever-larger share of the workforce, a trend that dates to the 1990s. Over the past few years, however, the employment rate among older Americans has been falling. Or “collapsing,” as one report puts it. The share of Americans ages 55 and over participating in the labor force dropped from 39.2% in February 2022 to 36.9% in July 2026, according to data from the federal Bureau of Labor Statistics. In a brief Aug. 11 note, economists from Bank of...

India Is Getting Old Before Getting Rich, Will Turn ‘Aged’ In 16 Years: Moody’s

India spent decades worrying about having too many people. But the economic challenge now emerging is almost the opposite. Fewer Indians are being born, fertility has fallen below the replacement level, and the country's age structure is starting to change, according to the latest Moody's report. The result will not be visible overnight. But over the coming decades, India will have more elderly people and, eventually, a smaller proportion of people in the working-age population. As per the report, India entered...

September 2026

Population Aging and Fiscal Sustainability in Resource-Rich Economies: The Case of Chile

By Juan Medina, Michael Pedersen & Gerardo Reyes Emerging economies face long-run fiscal sustainability challenges associated with demographic change and the productive capacity of commodity sectors. Population aging can weaken labor supply growth, constrain tax bases, and increase age-related public expenditures, while declining productivity in non-renewable sectors may further limit fiscal capacity and economic growth. This paper develops a semi-structural macro-fiscal model to analyze the long-term implications of population aging for economic growth, fiscal sustainability, and public debt dynamics in...

The US homeless population is aging. Cities must brace for new challenges

As cities and counties struggle with upticks in homelessness, they’re facing yet another challenge: an aging population. By the mid 2030s, the U.S. will have more older adults than children for the first time in its history, the U.S. Census Bureau predicts. The fastest-growing group of people experiencing homelessness is those aged 65 and older, according to the Harvard Joint Center for Housing Studies. And as the oldest baby boomers turn 80 this year, the aging population is coming up against...

Australia warns of risks from ageing population, falling birth rates

Australia forecast on Monday that deaths would exceed births for the first time in the 2060s, a demographic shift ​with far-reaching implications for an economy grappling with an ageing population, declining ‌births and cuts to immigration. For decades, Australia has sustained population growth by relying on immigration to offset low birth rates. But with immigration now slowing, the country is starting to look down ​a path already taken by many advanced economies including Japan, Germany and ​South Korea, where...