Aging Populations, Economic Growth, and Sustainable Development: A Policy Perspective

Title

Aging Populations, Economic Growth, and Sustainable Development: A Policy Perspective

Creator

Joseph, Jipson

Description

Over the last century (from 1925 to 2025), there has been a 311% growth in global population (from 2 billion to 8.22 billion). Scientific and technological advancements, increased educational and healthcare facilities, and active involvement of women in the labor market have contributed to this significant change. However, the globe faces an imbalance between the percentages of youth, working, and oldage populations. The decline in the fertility rate and an increase in longevity have contributed to the disproportionate growth of the old- age population. Although the increased life expectancy can be credited as a substantial achievement of society, there are complex discussions on the contributions of older people to economic growth. From this perspective, this chapter critically examines the role of the old- age population in enhancing economic growth and sustainable development of society. It also proposes specific policy suggestions for achieving the UN Decade of Healthy Aging objectives (2021- 2030) that align with the SDGs. 2026 by IGI Global Scientific Publishing. All rights reserved.

Source

Critical Economic Implications of Global Demographic Changes;pp.25-51

Date

01-01-2025

Publisher

IGI Global

Coverage

Joseph J., Christ University, India

Rights

Restricted Access; Hardcopy may be available in the library

Relation

ISBN: 979-833732552-1; 979-833732550-7;

Format

online

Language

English

Type

Book chapter

Identifier

https://doi.org/10.4018/979-8-3373-2550-7.ch002

https://www.scopus.com/pages/publications/105024174163?origin=resultslist