Causes and Effects of Aging Population

As policy makers in both the developed and the developing world grapple with the question of how best to come up with sustainable policies, aging increasingly feature among their concerns. The demographic structure of any country can implicate on many aspects of policy planning. It is, therefore, important to consider the possible causes and effects of aging populations throughout the world.

A World Health Organization (WHO) report, “Global Health and Aging” identify falling fertility rates as one of the major causes of aging populations. This is in line with the projections that people aged 65 years and above across the world will reach 1.5 billion with a majority of that number being in the developing world where fertility rates are relatively higher. The fertility rate must be equal to the replacement level to maintain a demographic balance between the older and younger populations respectively. A tilt in that balance has seen the percentage of older in populations of most countries rise since the 1970s. For instance, fertility rates in developed countries since that period has reduced below the replacement level of two births per woman. Even some developing countries have had reducing fertility rates during the 60 years to 2005.

China provides a typical case study on how reduced fertility rates can lead to an increase in aging populations. Projections indicate that the country will have one fourth of is total population aged above 65 years by 2050(Tex 2, para.1). This has been attributed to the efforts by the Chinese authorities to encourage its population to have fewer children beginning in the 1970s and 1980s. The program was part of the wider initiative towards modernizing the Chinese economy. It was also around the same time when the one child policy was introduced. At 1.6 births per woman, China’s fertility rate is lower relative to both the U.K and the U.S. Chinese authorities tend to attribute this low fertility rate to the success of the one child policy. Population experts, however, disagree. Some hold the view that the decline in fertility rate would still have continued even without the policy. Though seemingly untenable, supporters of this view opine that the policy only acted to make many Chinese have children at an early age. 

Also contributing to aging populations are increases in life expectancies in a number of countries (Text 1, para.4). There has been a shift of the past from diseases claiming mostly children to those claiming adults such that many people tend to grow to later adulthood.  This could perhaps be due to improvements in healthcare over the same period.

The most challenging consequence of an aging population to any country is the pressure on fiscal sustainability (Text 3, para.1). This is explained by a confluence of so many other factors. For one, old age is associated with a number of health conditions. It is around this time when people are vulnerable to no communicable diseases which are a strain on healthcare resources. Other resource draining health conditions associated with old age include dementia. Beyond the disease burden, aging population also remove a significant portion of the population from active participation in the economy.  The examples of Greece and other countries in the EU amply illustrate the situation. Part of the recession in those countries was due to unsustainable debt burdens as the governments had to finance old age related spending through borrowing. Recent reforms in areas such as pensions have alleviated the problem to some extent.  

Coming out from the above discussion is an understanding that aging populations is a challenge to all countries. The exact nature of that challenge is, however, specific to each country. Different conditions in each country make the difference.


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