prospects not often remarked upon is that their population is aging. By 2025‚ the share of the elderly in the population of Singapore‚ Hong Kong‚ Taiwan‚ Japan and South Korea will at least doublem and the share of the young will fall sharply. The ageing of the population will drag down the potential rate of growth as a result of the fall in volume of labor input and the decline of the domestic saving rate. Furthermore‚ it will also serve as negative effects upon fiscal conditions and households through
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The Effects of an Ageing Population 1. Think of some examples of goods and services for which demand will rise as a consequence of ageing Population. How should marketers address this new buyer segment? For examples‚ life expectancy in the US has increased from 45 in 1902 to 75.7 in 2004; one of the greatest achievements of the twentieth century is a dramatic rise in life expectancy. However‚ declining birth rates combined with increased life expectancy had caused to worry more about the value
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Ageing Population – A Key Trend If one were to take a look at the UK population‚ one would notice a few trends. For instance‚ many women are focusing on their careers and postponing pregnancies. There is also a lengthening of the life expectancy of individuals‚ brought about in part by better health care and technology. The combination of rising mortality improvement and decreasing fertility rates has paved the way for a demographic key trend to occur in the UK which is now experiencing and may
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exposure to accumulated training over time can also add value to an organisation’s knowledge base. Furthermore‚ the concept of an age-balanced workforce implies that the complementary strengths of younger and older generations are recognised and utilised within human resource planning (Brooke‚ 2003). The increased human resource costs of the younger workforce may potentially be countered by their currency of technical skills‚ which‚ may in turn be balanced by the experience and stability that older
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The Effects of an Ageing Population on the NHS Jack Bateman-Chuah 11072043 A six-part series‚ Utopia‚ (Munden‚ 2013) was debuted on British television on Channel 4 in January 2013. It detailed the lives of a group of people thrust together through an online forum‚ where they about conspiracies. They quickly became embroiled in a shadowy organisation’s plan to combat the growing problem of overpopulation. The plan failed due to their efforts but the implications
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Geography Essay- Ageing populations Question: Examine the implications of either an ageing or youthful population By definition‚ an ageing population is a population where the median age is rising; there is a decline in the amount of children (or minors-under 18)‚ and an increase in the number of elderly people. In other terms‚ it is a population where the number of elderly is increasing relative to the number of youth. Increased life expectancy combined with declining birth rates have caused many
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the EU’s greying population that will present the biggest challenges in the next 20 years. Europe is currently the oldest region in the world‚ and the upward trajectory of European ageing has been linear for more than 150 years. The share of the population aged 65 and over is set to rise from 17 percent in 2010 to 30 percent in 2060‚ with those aged 80 and over being the fastest-growing age group‚ increasing from five percent to 12 percent over the same period. Population ageing is undoubtedly going
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On the Ageing Population The Issue With the development of the advanced society‚ increasingly numbers of nations are facing the ageing problem. The aging population‚ the fraction of the population aged 65 and over exceeds 8-10%‚ has been universally recognized as one of the worldwide social issues in 21 century. We are ageing—not just as individuals or communities but as a world. In 2006‚ almost 500 million people worldwide were 65 and older. By 2030‚ that total is projected to increase
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ever before. Concerning with this problem‚ a telegraph on 1st October‚ 2012 entitled “World faces ageing population time bomb says UN” was posted in order to provide the facts and forecasts about ageing population in the world and to recommend some ideas to deal with this problem. In spite the fact that living longer is a great achievement of human beings‚ a rapidly ageing population also leads to difficulties for many countries in all over the world. A recent report estimated that
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understanding on how current Trends and future Development will affect the Mental Health sector within the United Kingdom. Introduction: This report will explore the social trends associated with in the Mental health sector‚ this will give the reader a greater understanding on what Mental health sector ‘s are facing in the United kingdom and in will give a insight in future development within these trends. Current Trends: Ageing Population The first current social trend is that of an ageing population. This
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