December 2024
16Dec

China. Families face realities of dealing with old age depression

At the age of 74, Wang Youlin had never imagined he would face the debilitating grip of depression. His life, once filled with laughter, adventure and the joy of watching his children grow up, began to unravel quietly in the months following his retirement. A formerly active man, he had been a basketball coach, shaping young minds and building lasting friendships with his students. But over time, something changed. The first signs were subtle. Wang, who usually got up at six...

December 16, 2024
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10Dec

South Korea. Number of newlyweds falls below 1 mil. in 2023, nearly half childless

The number of newly married couples in Korea dropped below 1 million for the first time in 2023, with nearly half without children, data showed Tuesday. Newlyweds refer to couples who had been married for five years or less. In 2023, the number came to 974,000, down from 1.03 million the previous year, according to the data from Statistics Korea. This marks the first time the number of newlyweds has fallen below 1 million since the agency began collecting relevant data in...

December 10, 2024
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04Dec

US. Gen X investors ‘sandwiched’ between caregiving responsibilities and preparing for retirement

Retirement is right around the corner for some Gen X investors, but are members of the “sandwich generation” – tasked with caring for both children and aging family members – prepared? According to a new survey from Nationwide, one in five are unable to save for retirement, and 23% have reduced or stopped making retirement contributions entirely. What’s more, one in six are withdrawing from retirement accounts or investments to manage the financial pressures of caring for both their parents...

December 4, 2024
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November 2024
29Nov

Population Trends Across the Globe

By Anne Morse These population estimates and projections show population trends that are unique to some countries and others that represent broader global shifts. They also help the U.S. government and the public answer fundamental questions about the world’s people and places. Today, the Census Bureau published revised estimates and projections for 34 countries or areas. The updates incorporate new population data and changes in demographic trends. Get the report here

November 29, 2024
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29Nov

Megatrends and the Future of Social Protection

By Organisation for Economic Co-operation and Development Ageing populations, changing labour markets, and climate change are affecting economies and societies across OECD countries. What challenges do these “megatrends” pose for social protection systems? What are the implications of these trends for the coverage, the effectiveness, and – critically – the funding of social protection today and tomorrow? With an eye towards informing future reforms, this report presents a broad stocktaking of population ageing, changing patterns of labour supply, new and emerging...

November 29, 2024
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26Nov

How are countries responding to the ageing workforce challenge?

An ageing population is an irreversible global trend, and it risks posing serious challenges over the next few decades. Pension systems, designed when populations were younger and life expectancy shorter, are now under immense pressure. To mitigate the impact of an ageing population, governments around the world are starting to implement a raft of measures. While there is no one-size-fits-all solution, nations are amending pension laws and updating regulations to adapt to the changing demographics. Let’s delve into the details...

November 26, 2024
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22Nov

Universalizing the Access to Long-Term Care: Evidence from Spain

By Joan Costa-i-Font, Sergi Jiménez-Martín, Cristina Vilaplana Prieto & Analía Viola Spain together with Scotland are two countries that exhibit the largest expansions in long term care (LTC) in the last two decades, universalizing subsidies and supports. This paper is part of a global effort to provide a snapshot of the trends in LTC use and access, as well as the financing, and organization of the LTC system compared to other higher-income countries. The passage of Act 39/2006 on the Promotion of Personal Autonomy...

November 22, 2024
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20Nov

Healthy New Town: Revitalizing neighborhoods in the wake of aging populations

Planned suburban residential neighborhoods in metropolitan areas known as new towns were initially developed in England. The new town movement spread from Europe to East Asia, such as to Japan, South Korea, Hong Kong, and Singapore. In Japan alone, 2,903 New Towns were built, but many experienced rapid population decline and aging in the 40 years after their development. Therefore, they changed into old new towns and had to transform their facilities. Dr. Haruka Kato, a junior associate professor at...

November 20, 2024
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20Nov

‘Golden Girls’ no more: How America’s concept of old age became outdated

The idea of retirement is losing its luster The stereotype of retirement as a time to play golf, travel and relax is a relatively new concept in American history. But by now, even that idea is outdated as more older adults work longer and grapple with the need for purpose in their older years. Also, with people living longer and healthier, there may be several chapters in their lives to pursue different jobs, vocations and hobbies. In the new book, "Golden...

November 20, 2024
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15Nov

Rethinking Pension Reform

By Giulia Giupponi & Arthur Seibold Population ageing is exerting unprecedented fiscal pressure on social security systems around the world. In response, many governments are implementing or planning pension reforms, often aimed at encouraging later retirement. A long-standing literature in public economics and labour economics investigates how the design of pension systems affects individual labour supply and retirement choices. In recent years, this literature has seen a revival, with a wave of new studies from Europe and the US combining high-quality...

November 15, 2024
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