Research Information System
INTERNATIONAL 10th SOCRATES EDUCATION, BUSINESS, ECONOMICS AND SOCIAL SCIENCES CONGRESS, London, England, 29 - 31 January 2025, (Full Text)
The global phenomenon of aging populations and increasing longevity presents significant economic, social, and policy challenges. This article explores the economic implications of these demographic trends, focusing particularly on their impact on fiscal sustainability, labor markets, healthcare systems, and intergenerational equity. The primary aim is to critically evaluate the challenges posed by aging populations while highlighting opportunities for innovation and adaptation.By reviewing existing literature and case studies, the article illustrates how rising old-age dependency ratios strain pension systems, increase healthcare costs due to chronic diseases, and contribute to productivity declines resulting from a shrinking workforce. At the same time, it examines the opportunities created by the growth of the "silver economy," technological advancements in elder care, and policies that promote lifelong learning and extended workforce participation. This study emphasizes the importance of integrated policy responses that leverage technology, reform social systems, and encourage intergenerational equity, drawing on examples from countries like Japan and the Nordic nations. By addressing these issues, the article aims to contribute to the broader discourse on sustainable strategies for managing aging populations and ensuring economic resilience amid demographic shifts.