2014
DOI: 10.1126/science.1254405
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Economic and social implications of aging societies

Abstract: The challenge of global population aging has been brought into sharper focus by the financial crisis of 2008. In particular, growing national debt has drawn government attention to two apparently conflicting priorities: the need to sustain public spending on pensions and health care versus the need to reduce budget deficits. A number of countries are consequently reconsidering their pension and health care provisions, which account for up to 40% of all government spending in advanced economies. Yet population … Show more

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Cited by 484 publications
(325 citation statements)
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“…As people age, physiological and psychological changes occur [4]. Therefore, in addition to its social and economic impact, the phenomenon of aging also brings a significant effect on people's mobility [5]. Regardless of country, travel by the elderly is generally characterized by relatively short distances and low frequencies [6].…”
Section: Introductionmentioning
confidence: 99%
“…As people age, physiological and psychological changes occur [4]. Therefore, in addition to its social and economic impact, the phenomenon of aging also brings a significant effect on people's mobility [5]. Regardless of country, travel by the elderly is generally characterized by relatively short distances and low frequencies [6].…”
Section: Introductionmentioning
confidence: 99%
“…These concepts are important given that recent data show that by the year 2050, 25% of the world population will be 65 years of age or older, and certain areas of the world will have populations exceeding 40% of 65 years of age and older [16]. Furthermore, additional population data suggests that the number of individuals 80 years of age and older will triple during this time [17].…”
Section: Agingmentioning
confidence: 99%
“…However, since the new entrants belong to smaller cohorts, there might be a potential need for skills at both ends of the educational distribution. This trend is reinforced by current changes in labour demand, which is particularly dynamic for both low-skilled and high-skilled workers in the services sector (Autor and Dorn, 2013 [19] ; Goos, Manning and Salomons, 2009 [20] ), a situation which is likely to continue (Cedefop, 2016 [21] ).…”
Section: Résumémentioning
confidence: 99%