Ageing

This tag is associated with 11 posts

Population Ageing – Alternative measures of dependency and implications for the future of work

The world’s population is getting older, a phenomenon that has important implications for the future of work. Persons aged 55 years and over are expected to outnumber all children aged 0 to 14 years by 2035 and the entire child and youth population aged 0 to 24 years by 2080. As a direct consequence of … Continue reading

Automation and Ageing in Northern Ireland and Scotland – A successful skills system will need to be far more ambitious

A truly successful skills system could bring vast benefits to Northern Ireland and Scotland. Both are on the cusp of significant changes, as the impact of automation and technological change combines with an ageing population. This could carry significant dividends, driving productivity and boosting economic growth, and bringing new opportunities for individuals and employers. But … Continue reading

Older Workers in US – Employment comparatively high at 62% among 55-64 year-olds against 59% on average in OECD (2016)

In the United States, employment rates at older ages are comparatively high at 62% among 55-64 year-olds against 59% on average in OECD countries in 2016. However, there are large disparities across population groups. Early retirement remains a widespread phenomenon, especially among workers from vulnerable socio-economic backgrounds. Preventing old-age disparities in terms of employment outcomes … Continue reading

Aging Labor Force – The case of Germany

“Here is the biggest problem we face,” the senior official from Chancellor Angela Merkel’s government told me as he pulled out a pen and drew a pie-graph circle on his napkin. “This is the working-age population of Germany – 45 million people.” Then he drew a thick slice, almost a sixth of the circle: “This … Continue reading

Population aging could have effects that are positive study says

In this paper, we addressed the important question of how selected areas of life will be affected as populations grow older and smaller. We used the case of Germany, a country that is at a relatively advanced stage of the demographic transition, to study the potential long-run implications of population aging. In the decades prior … Continue reading

Graying World – There will be 13 ‘super-aged’ nations by 2020

The world is graying at a break-neck pace and that’s bad news for the global economy. By 2020, 13 countries will be “super-aged” — with more than 20% of the population over 65 — according to a report by Moody’s Investor Service. That number will rise to 34 nations by 2030. Only three qualify now: … Continue reading

The “graying” of the planet – The case of 30 of the world’s capitals

What do urban people care about most?What do talented professionals in their most productive working years care about most? What are the qualities that cities need in order to continue building prosperity? What about the increasing proportion of older citizens as we live longer or slow our rate of natural population growth? Does a rising … Continue reading

The Ageing Workforce in Europe – A report from The Economist Intelligence Unit

Historically low birth rates and increasing life expectancy mean that Europe’s working population is ageing fast. In 2012, the continent reached an inevitable demographic tipping point. The percentage of the population at working age fell for the first time in 40 years. It is now forecast to fall every year until 2060. This inescapable trend … Continue reading

Korea / Ageing faster than any other country in the OECD

South Korea is ageing faster than any other country in the OECD. Last year almost 12% of the population were aged 65 or over. By 2030 that proportion will double Continue reading

The Ageing Population: no historical evidence of impact on productivity or creativity

Complaints about the graying of the population sometimes imply an inevitable loss of economic dynamism. But I know of no historical evidence that either the productivity or the creativity of a society is determined by the age structure of its population. The interaction between demographic and economic change is so much more complex than the … Continue reading

China / Ageing / Reserve army of peasants looking for work peaked in 2010

We can now discern more or less when the catch-up growth miracle will sputter out. Another seven years or so – enough to bouy global coal, crude, and copper prices for a while – but then it will all be over. China’s demographic dividend will be exhausted. Beijing revealed last week that the country’s working … Continue reading

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