Aging and the Macroeconomy:
Long-Term Implications of an Older Population
Related Site: http://nfpcar.org/Grand
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Status: Available Now Size: 239 pages, 6 x 9 Publication Year:2012 |
Description
The United States is in the midst of a major demographic shift.
In the coming decades, people aged 65 and over will make up an
increasingly large percentage of the population: The ratio of people
aged 65+ to people aged 20-64 will rise by 80%. This shift is happening
for two reasons: people are living longer, and many couples are choosing
to have fewer children and to have those children somewhat later in
life. The resulting demographic shift will present the nation with
economic challenges, both to absorb the costs and to leverage the
benefits of an aging population.
Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
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