October 2023
02Oct

Japan government pension acts on population strain

Japan’s Government Pension Investment Fund — one of the world’s most powerful investors — is overhauling the way it chooses active managers, in a bid to secure the higher returns needed to support a rapidly ageing population. As its sheer size makes it harder to achieve above average performance, the world’s largest pension fund is leaning increasingly on data science to find those managers who can beat the market. “If asset owners can develop a scientific method for selecting active...

October 2, 2023
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02Oct

Iran’s Health Ministry Warns of Ageing Population

Iran's Deputy Health Minister Hossein Farshidi issued a warning about the country's ageing population, claiming it will double within the next 20 years. Speaking on World Elderly Day Farshidi said the demographic change is happening much faster than in many developed countries, where it took over a century to see such a rise in the elderly population. He attributed the trend to global increases in life expectancy and significant reductions in fertility rates during the 20th century. He stressed that Iran has experienced similar...

October 2, 2023
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September 2023
29Sep

Lessons From Japan And Italy On Managing The Aging Population

Japan and Italy are geographically distant and have evolved separately over the centuries, but they share several similar traits, including a rich culinary tradition, strong cultural values, breathtaking historical sites — and, more recently, an ageing population. More than one in 10 people in Japan are aged 80 or older. Beyond that, about 29 per cent of its 125 million people are 65 or older, the highest in the world ahead of Italy (24.5 per cent) and Finland (23.6 per...

September 29, 2023
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22Sep

Aging in Latin America and the Caribbean: social protection and quality of life of older persons

By Natalia Aranco, Mariano Bosch, Marco Stampini, Oliver Azuara Herrera, Laura Goyeneche, Pablo Ibarrarán, Deborah Oliveira, Maria Torre Retana Reyes, William D. Savedoff & Eric Torres Ramírez  In this report, we analyze older persons quality of life in Latin America and the Caribbean, its relationship with social protection policies, and how these policies must adapt to respond to population aging. We create a measure of quality of life of older persons which combines healthy life expectancy and income security. For...

September 22, 2023
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22Sep

Population Aging and Economic Growth: From Demographic Dividend to Demographic Drag?

By Rainer Kotschy & David E. Bloom  This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from 1950–2015. We then juxtapose the estimates with predicted shifts in population age structure to project economic growth in 2020–2050. Our results indicate that population aging will slow economic growth throughout...

September 22, 2023
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21Sep

The upside of living in Japan’s ageing society

For the first time more than 10 per cent of the Japanese population are aged 80 or older, according to new official data. This reinforces Japan’s reputation as the world’s oldest society with 29 per cent of the population now aged 65 or more, a full 5 per cent ahead of Italy in second place. The evidence is there for all to see: walk around a typical Tokyo neighbourhood in the mid-afternoon and all you’ll see is old, often ancient...

September 21, 2023
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18Sep

People age 80 and over top 10% of Japan’s population for first time

People age 80 and over topped 10% of Japan's population for the first time, government data showed Sunday, as the country with the world's highest proportion of older people continues to grapple with a rapidly aging society. The number of people in the age bracket swelled by 270,000 from the previous year to 10.1% of Japan's total population of around 124.6 million, the Ministry of Internal Affairs and Communications said ahead of Monday's Respect for the Aged Day. In another record,...

September 18, 2023
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18Sep

The World’s Population May Peak in Your Lifetime. What Happens Next?

Dr. Spears is an economist at the University of Texas, Austin, and a research affiliate at its Population Research Center. Most people now live in countries where two or fewer children are born for every two adults. If all people in the United States today lived through their reproductive years and had babies at an average pace, then it would add up to about 1.66 births per woman. In Europe, that number is 1.5; in East Asia, 1.2; in Latin...

September 18, 2023
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13Sep

China can’t just rely on boosting births to address aging population issues, Renmin University professor says

China can't just rely on increasing childbirths to address its aging population issues, said Du Peng, vice principal of Renmin University of China. Regardless of how many children are born in China, the number of people who are aged 60 and above will roughly double to more than 500 million in the year 2050, he told reporters during a talk on Wednesday. To minimize the economic impact of such population changes, he said policymakers can take action today: by raising the...

September 13, 2023
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11Sep

Net zero and ageing populations risk higher taxes, warns City bank

The transition to net zero and pressures from ageing populations risk pushing up the tax burden, a City bank has warned. Analysts at BNP Paribas, a French multinational bank, said that spending demands from several economic shifts meant states would likely be permanently bigger. As a result, Marcelo Carvalho, the global head of economics, said: “I think it’s very unlikely that the tax burden is going to go down meaningfully anywhere in the world. “It’s more likely that it either stays where...

September 11, 2023
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