Economic and Social Impact of Ageing

Aging of the population affects all aspects of the society including health, Social Security, education, socio-cultural activities, family life and therefore the labour market. They have often also considered how such labour shortages are often mitigated by increasing the retirement age. Regarding care of the elderly, if fertility continues decreasing then this may inevitably cause a scarcity of care workers, both paid and unpaid, especially, for elderly people. The social and economic provision of care still creates gender dilemmas for societies by narrowing the range of employment opportunities for ladies.