The Global Demography of Aging
David Bloom and
Chapter Chapter 1 in Handbook of the Economics of Population Aging, 2016, pp 3-56 from Elsevier
Population aging is the 21st century's dominant demographic phenomenon. Declining fertility, increasing longevity, and the progression of large-sized cohorts to the older ages are causing elder shares to rise throughout the world. The phenomenon of population aging, which is unprecedented in human history, brings with it sweeping changes in population needs and capacities, with potentially significant implications for employment, savings, consumption, economic growth, asset values, and fiscal balance. This chapter provides a broad overview of the global demography of aging. It reviews patterns, trends, and projections involving various indicators of population aging and their demographic antecedents and sequelae. The chapter also reviews theories economists use to explain the behavioral changes driving the most prominent demographic shifts. Finally, it discusses the changing nature of aging, the future of longevity, and associated policy implications, highlighting some key research issues that require further examination.
Keywords: Population aging; Economic demography; Longevity; J11 (Demographic Trends, Macroeconomic Effects, and Forecasts); J14 (Economics of the Elderly); N30 (Economic History—Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy—General, International, or Comparative) (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:hapoch:v1_3
Access Statistics for this chapter
More chapters in Handbook of the Economics of Population Aging from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().