July 2023
05Jul

Japan. Panel Warns against Leaving Burdens on Shoulders of Future Generations

No matter how urgent and important some issues — such as the low birth rate — may be, the cost of responding to them must not be passed down to future generations. The government should not shirk discussions on the appropriate tax burden. The government’s Tax Commission has submitted to Prime Minister Fumio Kishida a report on proposals for medium- and long-term taxation systems. The panel submitted such a report for the first time in four years, since 2019. The tax...

July 5, 2023
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04Jul

The Silver Wave: China’s Rapidly Aging Population and the Rise of Elderly Education

By 2030, 1 in 6 people in the world will be aged 60 years or over. By 2050, the world’s population of people aged 60 years and older will double (2.1 billion). The number of persons aged 80 years or older is expected to triple between 2022 and 2050 to reach 600 million. China has one of the fastest-growing aging populations in the world. There were 280 million people aged 60 and above in China at the end of 2022,...

July 4, 2023
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June 2023
22Jun

The U.S. Population Is Older Than It Has Ever Been

While many 38-year-old millennials may still feel young, that age is an unusually high median for the country. The new data adds to the evidence that, like many European and Asian nations, the United States is graying, posing challenges for the work force, the economy and social programs. Low birthrates are the main driver of the nation’s rising median age, experts said. “It’s simple arithmetic,” said Andrew A. Beveridge, president of Social Explorer, a demographic data firm. “Fewer kids are being born.” Birthrates...

June 22, 2023
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20Jun

Robot Caregivers: China’s Solution for Aging Population

China, home to the world’s largest aging population, is facing a significant challenge in providing adequate care and support for its elderly citizens. However, in a remarkable display of innovation and foresight, China embraces the potential of robotics and artificial intelligence (AI) to address this pressing issue. Focusing on developing cutting-edge technology, China aims to utilize robots as caregivers for older adults, revolutionizing how aging populations are cared for. This article delves into China’s ambitious endeavors, highlighting the advancements...

June 20, 2023
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19Jun

Korea launches new team on population policy amid low birthrate

Korea's presidential committee dedicated to addressing the aging society launched a policy planning team Monday, with the goal of strengthening inter-ministry ties on population policies amid the alarmingly low birthrate.The move came as Korea's total fertility rate, the average number of children a woman bears in her lifetime, hit a record low of 0.78 in 2022, much lower than the replacement level of 2.1 that would keep Korea's population stable at 51 million.The Presidential Committee on Aging Society and...

June 19, 2023
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15Jun

The taboo of aging, an obstacle to thriving businesses in Latin America

In Latin America, despite being the “fastest aging region in the world,” according to an IDB report, the needs of those who are part of the silver economy “are not being met” due to the taboo that aging represents for their societies, experts gathered in Bogota discussed Wednesday. “We have, as a society, to start matching who those real consumers are and who we think they are because that dichotomy makes it impossible for businesses to thrive,” lamented the founder...

June 15, 2023
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14Jun

South Korea. Rapid population aging to accelerate income inequity

Income inequality in Korea is likely to accelerate due to a rapidly aging population, according to a report released by the Bank of Korea (BOK) on Wednesday. The report revealed that income inequality among households has worsened by 30 percent over the past 25 years, largely as a result of the aging population. "The aging population is expected to have a significant negative impact on the Korean economy, not only by lowering labor productivity and increasing the burden of care, but...

June 14, 2023
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13Jun

Confronting aging: How LGBTQ+ seniors can tackle their special caregiving challenges

Margaret Roesch, 67, and her wife, Pat McAulay, 68, wanted to have a supportive community around them as they grew older. So they helped to create a cohousing development for LGBTQ+ seniors and allies, making it easier to offer support to one another. “We said we don’t want to have to go back in the closet when we get older,” Roesch said from the front porch of her home in Durham, North Carolina. Opened in 2020, the Village Hearth is a...

June 13, 2023
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12Jun

China. TV series set to teach elderly people about health

China's first TV series popularizing health information for the elderly premiered in Shanghai on Wednesday. The 10-episode series, which takes a lighthearted approach, focuses on helping the elderly understand common acute and severe threats to health, as well as chronic diseases in a scientific way, and also teaches them how to take precautions just in case. The show is the joint creation of Huashan Hospital Affiliated with Fudan University and the Shanghai Theatre Academy and is titled Ms Kang and Her...

June 12, 2023
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07Jun

Vietnam strives to maintain replacement fertility rate

More people in a country can lead to a larger workforce which will lead to more products being produced and economic growth subsequently. While other countries in the world with a population of 500,000 people or more have only maintained their fertility rate which means that each woman of reproductive age has an average of 2.1 children for 2-10 years, Vietnam is the only country that has so far maintained a golden population ratio and structure for 23 years, from...

June 7, 2023
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