World Economic Forum (17.05.2022) China is a rapidly graying country with those aged 60 or above reaching 267 million or 18.9% of the total population, and this may rise to one-third of the population before 2050. Welfare reform must work in tandem with social policy so as to make active aging an integral part of economic growth, linking health to wealth and common prosperity. Healthcare, labour reskilling and gender parity are three areas of focus for domestic policy to solve the challenges of China’s aging population.
GovInsider (April 2022) Yet, advancements in healthcare and sanitation standards are helping adults live longer than ever before. Taiwan, in particular, is estimated to become a super-aged society by 2025, with one in five being over 65 years old, said Dr Jenny Su Huey-Jen, President of the National Cheng Kung University (NCKU). To better support the seniors in its population, Taiwan is building a new geriatric hospital. Su shares how this hospital will better provide healthcare services to an ageing population.
Money Marketing (30.03.2022) Flexi-retirement is becoming increasingly common, as more and more retirees are opting to work part-time in the gig economy. According to a new report from Abrdn, two thirds of people retiring in 2022 do not plan on giving up work completely. This compares to just over half of those who retired in 2021 and a third of 2020 retirees. The report, which surveyed 2,000 UK adults, reveals how the “class of 2022” plan to spend their and money in retirement.
https://www.itu.int(2021) By 2050, the number of people aged 65 years or older is projected to reach 1.5 billion. "Ageing in a digital world - from vulnerable to valuable" is the first- ever report to be produced by ITU to raise awareness in the ICT sector on the importance of being prepared to respond to the needs and requirements of ageing populations. This report addresses the two global megatrends that reinforce each other: the emergence of digital technologies and ageing populations, both of which are predicted to bring about important socio-economic changes worldwide.
Xinhua (21.02.2022) China's State Council has released a plan for the development of the country's elderly care services system during the 14th Five-Year Plan period (2021-2025), in its latest step to implement a national strategy to address population aging. The plan specifies major goals and tasks for the five-year period, including expanding the supply of elderly care services, improving the health support mechanism for the elderly, and advancing the innovative and integrated development of service models.
LSE Business Review (11.02.2022) High automation risk discourages older workers from remaining in employment. In technologically advanced countries such as Finland, generous unemployment benefits to people 59 and over ends up creating a retirement pathway. Simply pushing that age limit back increases the probability that older workers facing higher risk of automation will remain in employment.
lemonde.fr (27.01.2022) Editorial du « Monde ». Alors que la révélation sur la gestion des Ehpad du groupe Orpea est devenue une affaire politique, il n’est pas trop tard pour que le grand âge devienne un thème de la campagne présidentielle.
oecd.org (14.10.2021) The COVID-19 pandemic has caused a significant deterioration in public finances, adding to pre-existing strains from long-term structural challenges including population ageing, climate change, rising inequality, digitalisation and automation. This report, originally prepared for G20 Finance Ministers and Central Bank Governors at the request of the Italian G20 Presidency, considers the challenges and opportunities of developing public fiscal policy strategies as countries seek to “build back better”.
Asian Development Bank (August 2021) The three-tiered elderly system in the country consists of home-based care as the core support, community-based care as necessary support, and residential care as supplementary support. The main policies and progress of the system are explained, including insights on how the government encourages private sector involvement. A key recommendation of this paper is the need for better integration of residential and home- and community-based care as part of the elderly care system.
worldbank.org (23.06.2021) The report discusses the "Takaful and Karama" cash transfer program (TKP) in Egypt. Launched in 2015, it is a flagship social assistance initiative of the government. Takaful is a family income support program. It is a conditional cash transfers programme targeting poverty reduction and improved human development outcomes in health and education. Karama is an unconditional income support and social inclusion sub programme. The intended beneficiaries are the poor elderly (above age 65) and persons with severe disability.