Issues of an Ageing Population: A comparative Study in Malaysia, Singapore, Maldives, and Pakistan

Abstract

The world is currently experiencing a significant demographic shift characterised by a rapidly increasing ageing population. This phenomenon is primarily a result of improved healthcare and reduced birth rates, leading to an unprecedented rise in the proportion of older individuals in society. The rapid growth in the ageing population is expected to increase twofold by 2050, reaching as high as 1.5 billion, up sixteen percent from the 2019, population. There are many challenges and issues arising for all countries with an ageing population due to the change in this demographic scenario. As many countries are involved in these issues, they are still waiting to face the challenges in the upcoming years. Thus, this study aims to acknowledge the issues of an ageing population in selected countries such as Malaysia, Singapore, Pakistan, and Maldives. This study employs primary and secondary research methodologies. Using a questionnaire and telephone or mobile device interviews, a primary study of retired or near-retired senior adults is conducted. The results highlight the gaps between developing and developed countries regarding ageing population issues overall and aim to review the shortcomings of policies, challenges, issues, and others in the retirement of the ageing population. Embracing these challenges with foresight and compassion will be essential for shaping a sustainable and inclusive future for societies with increasingly diverse age demographics. Policymakers and stakeholders must collaborate to implement effective strategies that not only mitigate challenges but also seek improvement to encourage the people and the government to take actions and strategies in the future.