What’s the economic impact of ageing populations? | Counting the Cost
From the United States and Europe to Japan and China, the world’s population is growing older. By 2050, the number of people aged 65 and above is set to rise to 1.6 billion globally.
The rapid ageing of societies is raising concerns about the future of the global economy. So, is our world set for slow economic growth? Or can an ageing workforce help keep economies churning?
China’s steel exports are set to reach an eight-year high. We explore the global implications.
Plus, is gaming in trouble?
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40 Comments
all good in the West👍🏻
The rich want us to believe we can consumer and buy our way out of a recession because when we do it fills their bank accounts.
Palestine started it first on 7th October.
Fermented meat and milk
Very simple, contraption
Slow but sustainable. 👍
If It wasn't for the protectionism like (nimby) the economic consequences would actually not be that big
We always seek growth. Why not we settle in sustainability.
Growth Market Scare
People are just seen as workers, not human beings
immigration in the US may play a role to help offset our aging population.
This is unfortunate for the nations facing an ageing population with Japan in the forefront. The nations experiencing this had no option but to rely on immigration to meet employment needs.
Permit me to say that at the very beginning of creation God says for humanity to multiply and replenish the earth.
Economic conditions has forced a departure from family expansion together with career individuals in marriages and relationships affecting family expansion and values.
Govts need to insititute good Social Engineering programs to encourage family expansion which will replace our ageing populations. I write with interest and concern for the direction our nations are embracing. Change is needed . I believe Russia encourages Family expansion with benefits . Great show at Aljazeera. Keep up the good work.
Australia addressed the problem of an aging population many years ago. They tackled the issue on two fronts, firstly setting stages when the age of retirement rose from 65 to 67 years. At the same time they made employers pay into superannuation funds for each worker, so that people have more money for their retirement.
You will own nothing and be happy
Please get a “Gary” next time that speaks English, and not Chinglish… cannot understand a word he says
We need protection of all humans life from moment of conception.
It's so scary that populations are aging in Japan and parts of Europe. Does this mean African migrants will be sources of labour in these countries? It is very difficult to argue with the tariffs imposed by Canada and USA against China because Chinese will dump cheap steel in their markets
The saying that when Empires are Failing they resort to Wars. When the most Nations of the World are Collapsing they take you to a a War of Words & World Wars.
Ask them how many investment properties they have!
Burden on Delivery of Public Services and Pensions mean to Say Higher Bond Yields.
The demographic reality is the fact that too many Humans have been removed from Farming.
Consumers have no idea where food originates, or how it was produced.
That appears to be a reality that has been overlooked.
I’m still playing PS4 games; the graphics are still great.
Who can afford the time or Money for video games these days days.
I’m working all the time recently 😂
Only cancer and viruses grow until they destroy their host. Economy and population should follow all ecosystems and organisms, by reaching a mature steady-state. In areas where overgrowth induces excessive pressures, degrowth is appropriate. Less is more.
"Economic growth" is limited there is no endless growth you morons
Longer lives good for individual but bad for the country…
Take indians we are available plenty and jobless
Al Jazeera may be Arabic owned international channel and staff with an Anglo-Saxon Moderator and Ideologie, a wolf with human clothes
GDP is Grossly Distorted Propaganda
What is NDP?
Net Domestic Product !!!
Funny how economists do not say much about NDP. What kind of businessman does not know Net from Gross?
You see there is Depreciation that economists subtract from GDP, at least when they want to. But that depreciation is only for Capital Goods.
Consumer Durable Goods got added to create GDP also. But somehow the depreciation of Durable Consumer Goods disappeared into space. How many automobiles have American consumers trashed since Sputnik? There were 200,000,000 motor vehicles in the United States in 1995. Where did all of that Depreciation go?
Earth is full of humans, nowhere in history 8 billions people live on earth, stop producing children for the next 30 years, which is the main reason for climate change. Save Forest, Animals and oxygen first. Otherwise 🌎 will end very soon due to global warming.
Just let everyone age out and bring this experiment to an end. People are tired at this point.
No mention of climate change and how having more consuming people will cause more environmental damage. Also, no mention that having kids is just insanely expensive, and with everything costing so much more for the newer generation than their parents, why would they have kids?
Liberal democratic media channel like this does not report on Qatar's slave labor conditions and violation of human and women's rights.
Aging ? this planet has way too many people, if people don't aging, it is the worst disaster. stop selling anxiety!!
The real problem, which many talking heads have trouble admitting, is decreased taxation (less people to tax) along with increasing government expenditure on social welfare promises. The work force is already increasingly replaced by automation, so labor force shortage fears are fake.
Governments to implement mandatory “assisted death” programs perhaps? Or maybe another virus that targets the elderly might just so happen to spread across the world?
What's with all the tariffs? Create your own domestic industries so you don't NEED to import and impose tariffs.
These pro natal initiatives do not work.
Not having kids or no more than one as a policy. That worked out great
Your suggestion is unfair . You must involve in the discussion vulnerable group of society – feminist and woke culture. They were not able to describe their comprehensive approach to society in terms to shrinc demografy )
Poor Japanese. Hopefully they can trade their cohesive high trust, safe and clean society so that they can continue to feed the capitalist system.