Global Aging: How Societies Adapt?
In the past five decades, individual life expectancy has increased by 15 years in most country in the world. Technology and preventive care have significantly improved global public health, but the resulting demographic shift brings new challenges. In parts of Asia and Western Europe, a rapidly greying population weighs heavily on the minds of policy makers. Healthcare reform is still a heated debate in the US, and the private sector is struggling to find skilled replacements for a retiring workforce. How are public health experts, scientists, and business leaders approaching an aging society?
At the Chicago Council on Global Affairs, HSR's CEO discusses policy options for countries to mitigate the aging challenge. Of these, Pr. Antoun highlighted fiscal policy reform, benefit policy reform, increasing productivity (extending retirement age, continuous training), increasing fertility and imigration rates, increasing funded pension savings, stregnhening poverty floors, and finally healthcare reform.