How does an aging population impact public finances, healthcare...

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2024-09-18 05:46:06 - Translate -

How does an aging population impact public finances, healthcare systems, and labor markets? By Hugo Keji

An aging population can have profound effects on public finances, healthcare systems, and labor markets. Below is an overview of the key impacts in each area: 1. Impact on Public Finances As the population ages, there are fewer working-age people relative to retirees. This demographic shift places increased pressure on government budgets. Increased Pension Costs: Governments often finance...

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