Aging Archives - Page 53 of 84 - Pension Policy International

26JanJanuary 26, 2023

China. ‘Silver’ economy grows with aging population

After saying goodbye to her grandchild at the school gates, Hu Chunmei started to think of ways to pass the day. Hu migrated from her home village in Hubei province to Beijing to help her daughter with child-rearing about eight years ago. Since her granddaughter started school in August, she knew she had to adjust to a new routine. "It's much harder than I thought. I tried guangchangwu — a style of dancing as a group in public — with friends...

January 26, 2023

NewsAging, China

20JanJanuary 20, 2023

China’s going to have to figure out how to care for 400 million elderly people by 2040

China reached a pivotal moment this year, announcing on Tuesday that its population had, for the first time since the 1960s, shrunk. It's not just fewer people that China has to contend with. The country's planners have another mammoth challenge ahead: a rapidly aging population. The World Health Organization expects China to have more than 400 million people over the age of 60 by 2040, up from 254 million in 2019. That's nearly a third of its total population, compared to...

January 20, 2023

NewsAging, China, Healthcare

20JanJanuary 20, 2023

Solving the aging population care crisis via the metaverse

Currently, there are over 1.2 million residents in United States nursing homes, and over 800,000 residents of assisted living facilities. As the Baby Boomer population ages, these numbers are projected to skyrocket—by 2050, up to 30 million people in the Americas will require long-term care services. In other words, there are going to be a lot of people in need of quality care. Lubin graduate students Chuk Ezuma ’23 and Rikin Gajjar ’23 spent much of the fall semester thinking about...

January 20, 2023

NewsAging, Healthcare, Technology

18JanJanuary 18, 2023

Population Aging and Migration

By Panu Poutvaara International migration flows largely reflect demographic patterns and economic opportunities. Migration flows increase in expected income and other pull factors in potential destinations, and in push factors in the origin, like high unemployment, low wages, and high population growth. Migration flows decrease in the geographic and cultural distance between the potential origin and destination, and in other migration costs. To the extent that migrants are employed, immigration can alleviate challenges arising from population aging. Read book here

January 18, 2023

Books, Books, Labor Market2021, Aging, Political economy

18JanJanuary 18, 2023

Immigrant Swan Song

By Giovanni Peri The immigration debate often focuses on culture, identity, and the economy. In countries such as the Australia, Canada, and the United States where many immigrants—especially those who have moved for economic reasons—assimilate into the labor force quickly, the case for more immigration is built on its potential economic benefits. Research shows that immigration does not reduce the capital intensity of the economy, but rather it allows firms to expand and investments to adjust, and it also promotes...

January 18, 2023

Articles, Labor Market2020, Aging, Political economy

17JanJanuary 17, 2023

China’s Population Falls, Heralding a Demographic Crisis

The world’s most populous country has reached a pivotal moment: China’s population has begun to shrink, after a steady, yearslong decline in its birthrate that experts say is irreversible. The government said on Tuesday that 9.56 million people were born in China last year, while 10.41 million people died. It was the first time deaths had outnumbered births in China since the Great Leap Forward, Mao Zedong’s failed economic experiment that led to widespread famine and death in the 1960s. Chinese...

January 17, 2023

NewsAging, China, Labor Market

13JanJanuary 13, 2023

UN report calls for re-thinking social protection as the world ages

The World Social Report 2023 calls for concrete measures to support the greying global population, amidst escalating pension and healthcare costs. Population ageing is a defining global trend of our time, according to the study, published by the UN Department of Economic and Social Affairs (DESA). Countries can reap the benefits by giving everyone the chance to grow older in good health by promoting equal opportunities from birth. “Together, we can address today’s inequalities for the benefit of tomorrow’s generations, managing the...

January 13, 2023

NewsAging, Social Protection

10JanJanuary 10, 2023

The Problem in An Aging Society is Income Distribution

The New York Times had a major article reporting on how many people in South Korea, Hong Kong, and Japan are being forced to work well into their seventies because they lack sufficient income to retire. The piece presents this as a problem of aging societies, which will soon hit the United States and other rich countries with declining birth rates and limited immigration. While the plight of the older workers discussed in the article is a real problem, the...

January 10, 2023

NewsAging, Income

09JanJanuary 9, 2023

Bracing for the silver tsunami

Since 2011, sales of adult diapers in Japan have outpaced those for infants, reflecting a decline in the country’s fertility rate (live births per woman) from 3.66 in 1950 to around 1.5 by the early 1990s. Since then, Japanese fertility has remained stuck far below the “replacement rate” (2.1), amounting to a mere 1.3 in 2021. And geriatric Japan is not alone. Fertility rates have also dropped below the replacement level in all eurozone countries, and they are strikingly low...

January 9, 2023

NewsAging, Japan, Labor Market

09JanJanuary 9, 2023

China. Authorities mull measures to address aging population

Moves may include the gradual raising of the national retirement age and changes to the ways senior care is funded. Li Lei reports. As officials wrapped up 12 months of work and planned for the future at closely watched meetings that marked the end of the year, issues involving older people came under the spotlight. Data published by the National Health Commission in October showed that 267 million people, or 18.9 percent of the population, were age 60 and older. That meant...

January 9, 2023

NewsAging, China, Retirement Age

January 2023