The Impact of Population Ageing on the Economy

Abstract

In the face of the escalating global phenomenon of population aging, this comprehensive study seeks to explore the intricate and far-reaching consequences of aging on the global economy. The research background accentuates the profound reshaping of familial, societal, and national structures induced by this pervasive trend, giving rise to extensive economic apprehensions. Delving into critical domains such as the labor market, consumption patterns, and the social security system, the present paper systematically unravels the manifold opportunities and challenges arising from the aging population, drawing insights from an exhaustive review of both domestic and international literature and empirical cases. Employing a methodology encompassing literature reviews and in-depth case analyses, the study capitalizes on diverse global experiences to formulate adaptable and responsive strategies. The conclusive findings underscore the pressing need for the expeditious implementation of flexible policies and the fortification of social support structures. This study serves as a fount of profound insights for policymakers, offering a roadmap towards fostering sustainable societal development amidst the prevailing wave of population aging.