Abstract

In the sociology of aging and life course, global aging is relatively a new issue; but it has become an increasingly important subject since the early 1990s (Estes and Phillipson 2002). Many factors are contributing to population aging. The single most important factor is the decline of fertility that is taking place in many countries around the globe (Lloyd-Sherlock 2010). Another major factor is decline in mortality rates at all age levels, a trend which translates into increases in life expectancy (Uhlenberg 2009). Because people have come to live longer, including more disability-free years, population aging can and should be viewed as a positive achievement associated with improved healthcare, more government spending on social security, and other age-related social welfare ­programs, as well as changes in life style, such as less smoking and more exercise (National Research Council 2001).KeywordsForeign Direct InvestmentEconomic GlobalizationPublic PensionPension BenefitPension ReformThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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