With Planning Aging Population Could Result in a Silver Dividend

Maldives Minister for Gender, Family, and Social Services, Aishath Mohamed Didi, in her keynote address said her island country faced unique development challenges and is vulnerable to economic shocks and climate change.By Cecilia RussellJohannesburg, Oct 18 2022 (IPS) An aging population needn’t be a burden, experts told Parliamentarians at a conference co-hosted by UNFPA Asia Pacific Regional Office and the Asian Population and Development Association (APDA). Two National Transfer Account (NTA) experts told the session that with good planning and policy, it was possible to change the trajectory so that those in retirement were not only reliant on the state. NTAs provide a coherent accounting framework of economic flows from one age group or generation to another. UNFPA’s short video outlined the impact of an aging population in Thailand. Currently, adults take care of three elders and two children, but with the aging population in 2025, this will increase to four elders and three children, but by 2035, the number of dependents will increase to six elders and three children. Professor Sang-Hyop Lee of the East-West Center and the University of Hawaii, succinctly in an “elevator pitch,” explained his interests in population. These included “looking at how a changing population structure affects society and economy, current and future,” and “what public policies could be pursued to influence the outcome.” Lee said that using NTA tools with disaggregated data,...
Source: IPS Inter Press Service - Health - Category: International Medicine & Public Health Authors: Tags: Asia-Pacific COVID-19 Headlines Health Humanitarian Emergencies Population TerraViva United Nations APDA 2022 Asian Population and Development Association (APDA) IPS UN Bureau IPS UN Bureau Report Parliamentarians working to meet SDG Source Type: news