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1 – 10 of 953Ema Kelin, Tanja Istenič and Jože Sambt
Population ageing will bring economic challenges in the future. The purpose of this paper is to examine whether increased educational level could mitigate the consequences of…
Abstract
Purpose
Population ageing will bring economic challenges in the future. The purpose of this paper is to examine whether increased educational level could mitigate the consequences of population ageing on economic sustainability, measured as the gap between labour income and consumption.
Design/methodology/approach
Using the National Transfer Accounts (NTA) methodology, the authors decompose labour income and consumption by age and educational level (low, medium and high) and compare obtained age profiles with those calculated conventionally. In addition, using the population projections by age and educational level, the authors project both profiles to 2060 for selected EU countries and assess future economic sustainability.
Findings
The results show that the highly educated have a significantly higher surplus for a longer period then those with lower and medium education. Therefore, the improved educational level of individuals will have a substantially positive impact on labour income in the future—on average by about 32% by 2060 for all EU countries included. However, as the better educated also consume more, higher production does not fully translate into improved economic sustainability, but the resulting net effect is still positive at about 19%.
Originality/value
The authors present for the first time an NTA by education for 15 EU countries and show the importance of including education in the analysis of the economic life cycle. The authors also show that increased educational level will mitigate the consequences of population ageing on economic sustainability in the future.
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Sheau-Ting Low, Li-Ting Neo, Weng-Wai Choong, Razlin Mansor, Siaw-Chui Wee and Jing-Ying Woon
The world population over the age of 60 is expected to increase from 900 million in 2015 to two billion by 2050. Retirement homes have emerged as a prominent housing alternative…
Abstract
Purpose
The world population over the age of 60 is expected to increase from 900 million in 2015 to two billion by 2050. Retirement homes have emerged as a prominent housing alternative and become a trend for the older adults; however, older population in Malaysia could have a negative view of retirement homes. Different generations could have different perceptions of the value of retirement homes. This study aims to explore the value of retirement homes across diverse age cohorts in Malaysia.
Design/methodology/approach
A qualitative approach is adopted for this study. Thematic analysis is used to analyse the interview transcripts obtained from semi-structured interviews.
Findings
The results indicated that baby boomers tend to have more negative values towards retirement homes, whereas Generations X and Y demonstrated more favourable and positive values for retirement homes.
Originality/value
This study serves as a useful reference for housing developers, policymakers and the management of retirement homes to better understand how different age cohorts value retirement homes, thereby encouraging relevant housing strategies to enhance the quality and support systems of retirement homes in society.
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Latin America’s population is ageing rapidly amid declining birth rates and rising life expectancy. This is driving a need for urgent action to prevent demographic changes…
Details
DOI: 10.1108/OXAN-DB285438
ISSN: 2633-304X
Keywords
Geographic
Topical
Patty Doran, Mhorag Goff and Chris Phillipson
The Village model, most extensively developed in the USA, is an innovative response to ageing populations and older adults who wish to remain living independently within their…
Abstract
Purpose
The Village model, most extensively developed in the USA, is an innovative response to ageing populations and older adults who wish to remain living independently within their community. The “Urban Villages” participatory action research study aimed to test the potential of the Village model to work with groups of older adults in two economically deprived, inner-city neighbourhoods in Manchester, UK.
Design/methodology/approach
Participatory methods were used to work with residents to, first, adapt the Village model to the Manchester setting, and second, to develop and deliver community projects that supported ageing in place. The study aimed to involve marginalised individuals and groups in the co-design, leadership and implementation of the projects. Ethnographic methods were applied to observe and reflect on the development of “Urban Villages”. Interviews and focus groups were organised to gather the views of the residents involved in the community projects.
Findings
Residents were supported to develop and test seven projects, all aimed at reducing social isolation and supporting ageing in place. The study provides new insights into challenges related to co-production with older people in deprived neighbourhoods. These challenges are presented under the following headings: individual capacity and expectations; collective capacity including communication and knowledge; and the capacity of place.
Originality/value
To date, only a limited amount of literature is available showing how co-production with older adults can be realised when working with marginalised groups and deprived communities. The paper explores the potential of participatory approaches to develop age-friendly initiatives through strengthening the capacity of older adults to age in place.
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Zahra Salah Eldin, Mohamed Elsheemy and Raghda Ali Abdelrahman
Many countries around the world are facing great challenges from their ageing population with shrinking workforce, this will put more pressure on their financial system and will…
Abstract
Purpose
Many countries around the world are facing great challenges from their ageing population with shrinking workforce, this will put more pressure on their financial system and will increase the public spending on care costs provided to older people. Egypt is in the phase of establishing a new law for older people care's rights, a law that will organise how older people in need for care would benefit from access to government financial support and how will families support their older relatives financially and how the care costs will be shared between the older people, their families and the government.
Design/methodology/approach
The paper examines the suitability two cost-sharing methods and applying them to assess the effect on the individuals and families' income strain.
Findings
The preferred approach can be used for sharing costs as it applies a gradual funding withdrawal by the government and provide more fairness and flexibility for application in different regions. Besides, the parameters of this approach can be used by policy makers to control the levels of funding.
Originality/value
The paper will be the first to discuss the intergenerational fairness from a financial perspective in Egypt to avoid forcing older people into poverty or resorting to poverty trade-off.
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Authors investigate the key factors contributing to Poland's economic growth since 1989, including capital accumulation, technological progress, labour force and productivity and…
Abstract
Research Background
Authors investigate the key factors contributing to Poland's economic growth since 1989, including capital accumulation, technological progress, labour force and productivity and European integration.
Purpose of the Article
Through the analysis of macroeconomic indicators, comparison with selected countries and review of relevant literature and policies, authors aim to offer a comprehensive understanding of Poland's growth story, providing valuable insights for informed policy recommendations and fostering sustainable economic development.
Methodology
This study utilises a mixed-methods approach, combining quantitative analysis of macroeconomic indicators with qualitative examination of literature, policy documents and expert opinions. This comprehensive analysis allows us to assess Poland's economic growth, compare its performance with selected countries and identify underlying factors driving growth and potential future challenges.
Findings
Understanding the drivers of Poland's growth is essential for effective policy formulation and promoting sustainable development, while acknowledging the potential threats to maintaining its high growth rate such as modest innovation performance, population ageing, growing public debt and reliance on coal-based energy. The findings provide valuable insights into Poland's economic trajectory and form the basis for informed policy recommendations.
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