Global population aging and its economic consequences
Author(s)
Bibliographic Information
Global population aging and its economic consequences
(The Henry Wendt lecture series)
AEI Press, c2007
Available at 3 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p. 41-44)
Description and Table of Contents
Description
Global population aging is an inevitable feature of the final stages of the demographic transition, a worldwide combination of low fertility and low mortality that result in older, more slowly growing (or even shrinking) populations. This trend raises two concurrent concerns: the risk of rising "dependency ratios" of the elderly on the working-age population, and falling global saving rates as the growing retired population begins to dissave after a lifetime of working. These are genuine concerns, but there are also factors that will ameliorate them. Although the burden of the dependency ratio will fall on public programs such as pensions and health care, it will occur in such a gradual fashion that resources can be effectively redirected over time. Moreover, the smaller labor force in an aged society can be more productive with a small pool of capital as resources per worker increase. Global Population Aging and Its Economic Consequences explains how the risks of global aging can be contained with a combination of foresight and prudent public policy.
It also considers how these trends will affect the developing countries that have too often been neglected in discussions of global aging.
by "Nielsen BookData"