Economic and Social Impact of Ageing

Ageing of the population influences all parts of the society including health, education, socio-cultural activities social security and family life. The financial and social outcomes of population ageing are clarified by changes in lifecycle behaviour. Population ageing is generally the aftereffect of demographic momentum, so policy proposals should address the outcomes of these patterns instead of endeavor to change the patterns themselves yet, the developing diversity of circumstances among the elderly people and the limit of families to give care over generation’s influence how the strategy implications of an ageing population will play out. The proportion of the nation's population more than 65 as a percentage of aged 20-64 (the elderly dependency proportion) is required to increment from 20.9% in 2010 to 58% in 2050 and 70.7% in 2060 while the offer of the working age populace (15-64) is anticipated to drop from 71.3% in 2010 to 53.4% by 2050. These patterns spell potential economic inconvenience for Ageing.

    Related Conference of Economic and Social Impact of Ageing

    December 09-10, 2019

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