The ageing of the developed world s population

The ageing of the developed world`s population

Population ageing is a phenomenon that occurs when the median age of a country or region rises due to rising life expectancy and/or declining birth rates. For the entirety of recorded human history, the world has never seen as aged a population as currently exists globally.

Median age in more economically developed countries 50 45 40 35 30 25 20 15 10 5 0 45. 5 37. 3 29 1950 2000 2050 Median age

Proportion of population 60 years or older: world, 1950 -2050 25 20 15 21 10 5 0 8 1950 10 2000 2050

Current figures (2011) • the median age for the world is 38 years • Uganda is the country with the youngest population (15 years) • Monaco is the country with the oldest population (49) • the average in Russia is almost 39 years

Main reasons 1. increasing longevity It raises the average of the population by increasing the numbers of surviving older people. Now human life span is close to its upper limits 2. declining fertility It reduces the number of babies, and as the effect continues, the numbers of younger people in general also reduce

Population forecast • Population ageing is unprecedented, without parallel in the history of humanity. By 2050, the number of older persons in the world will exceed the number of young for the first time in history. • Population ageing is pervasive, a global phenomenon affecting everyone. • Population ageing is profound, having major consequences and implications for all facets of human life. • Population ageing is enduring.

Hospital health care Support active way of life Health services Emotional involvement Health Nursing homes & daycare

Pensions and state benefits • Strengthen the financial sustainability of pension systems. • Benefit pension system are experiencing sustainability problems due to the increased longevity. • Pension adequacy is questionable. • Either to raise its retirement age or admit several thousand immigrants a year.

Economics • Decrease in workforce. • Result in lower interest rates and lower inflation. • Solute the problem of immigrants and native peoples result in ethnic conflicts. • Reevaluate government investments. • Keep sustainable productivity.

Uncertainty in projections There is a range of uncertainty about projecting population, as it rests on assumptions about future demographic behavior. Population projections have a mixed record. They do, however, provide a common basis of framework for planning the future across the range of public policy areas.

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