Global population aging: unequal distribution of risks in later life between developed and developing countries

Higo, Masa and Khan, Hafiz T. A. (2015) Global population aging: unequal distribution of risks in later life between developed and developing countries. Global Social Policy, 15 (2) . pp. 146-166. ISSN 1468-0181 [Article] (doi:10.1177/1468018114543157)

Abstract

Much of the existing research on population aging has focused on its impact on developed countries, particularly those in Europe and North America. This article discusses how unequally population aging will distribute risks in securing socio-economic resources for the wellbeing of individuals in later life between developed and developing countries around the world. Based on a documentary analysis of relevant literature and findings from the survey data drawn from OECD, UN, and WHO, this article suggests that the impact of global aging is dual – while population aging follows a global trend, over the next decades or so this demographic shift
will likely to contribute greater risks in later life predominantly in
developing countries. Main areas of the unequal distribution of risks in later life include: (1) burden of disease in epidemiological transition; (2) financial security in retirement; (3) familial resources for elderly care; and (4) care workforce for elderly care.

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