The current general trend of rising life expectancy and declining birth rates is characterized by an aging population that is a major and irreversible global situation. Although the theme of aging is often pessimistically regarded as a threat to economic growth, this article analyzes that its negative consequences are not inevitable. The central idea is that the effects of population aging on the economy are malleable. Through strategic investments and policies, societies can transform this demographic change from a burden to an opportunity. It explains how ageing affects the economy through Labour markets, savings and public finances. Crucially, the report identified health as a key factor; A healthier elderly population can work longer hours and be more efficient, directly promoting economic output. Education and technology are also crucial in compensating for the decline in the labor force. Moreover, the rise of the "silver economy" has created new markets in healthcare, leisure, and technology. The conclusion Outlines a multi-level coping strategy. This includes government policies that focus on lifelong health and pension reform, innovation in enterprise products and human resource practices, and technological advances that enhance productivity and independent living. This report shows that the challenge of population ageing can be effectively managed through a proactive and systematic approach, enabling societies to harness the potential of their older citizens.
Lin Kwun Ting Aaron (Thu,) studied this question.