...countries around the world have an increasing concern about their economic growth and the different ways it is affected. As the essays by Jack A. Goldstone and Joel E. Cohen discuss the many different changes that world population will have in the next 50 or less years, some of these changes are astounding and quite frightening. Without any action these changes could have a toll on the safety and the continuing of todays developed countries. One of the changes in world population is the increasing aging population in the developed countries of the world. As talked about in Goldstone’s essay, the aging population in North America and Western Europe could lead to a decrease in economic growth. There are many reasons why an increasing aging population could cause a decrease in economic growth. As Goldstone shares in his essay, data from The Economist reveals that developed countries labor forces will substantially age and decline, slowing down economic growth in the developed world and raising demand for immigrant workers. In my opinion this makes complete sense there will be more people who require health care, retirement, and other financial help, and there will be less people in the labor force working to help pay for their elders retirement, just as an example. Another reason talked about in Goldstones essay is that the increase in the aging population decreases the amount of new consumers and new households, which is likely to decline the developed country’s productivity. The...
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...INTRODUCTION It is obvious that we are faced with an aging population. Within three decades individuals aged 65 years or older are expected to make up 23% of the Australian population (Australian Bureau of Statistics, 2013). This is a stable increase from 13% in 2007, emphasising Australia as an aging country (Australian Bureau of Statistics, 2013). This is evident not only within the demographic regions of metropolitan and rural cities and towns of Australia but also among other countries in the world. It is with this discrepancy that presents such a large challenge within the population and from a health perspective. This essay will explore the social, cultural and psychological health related issues linked with growth in the aging population and will focus on the baby boomer generation and the co-morbidities that are notably prevalent in the elderly. This essay will also consider the future role of the nurse and how their profession will be impacted in response to these trends. WHY DO WE FACE AN AGING CRISIS? As fertility rates decline and longevity increases we are coming to face a shift in population distribution with a greater proportion of older adults (Anderson and Hussey, 2013). It is important to note that this increase is due particularly to the Baby Boomer generation growing older and associated aging co-morbidities on the rise. The Baby Boomer generation consists of those born from the years 1945-1964 (Berman et al., 2012). As this generation grows older...
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...are aware, the study of economics, as well of economy itself are major factors in our every day. This essay will discuss the importance of economic growth. In order to do so, we will be addressing the following economic concepts that have a direct impact on economic growth; decline of labor force, changes in education and job qualifications and finally the aging population. To start, in the article “Secular Stagnation” Clive Crook writes: “U.S. gross domestic product grew by just 12 percent in five years after the summer of 2009.” Based on a five year window, recoveries are significantly weaker than the past. One of the factors that may be responsible for slowing the recovery process down is the shrinkage of labor force. A drop in labor force suggests that there are fewer people of the age of 15 or older that are seeking jobs or employed which results in an increase of job losers, leavers, retirees and withdraws. Due to unemployment, some individuals decide to withdraw themselves of the labor force and therefore becoming discouraged workers who are not a part of the labor force. This interrupts one of the basic economic goals, which is full employment. In addition to that, because of the fact that the majority of the population lives off their income, a bigger number of unemployed people creates a loss in gross domestic product which may end up affecting the employed population. The fact that there are less changes and progress in the education system, as well as job skills...
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...`THE DEVELOPED WORLD IS AGEING AND IS THERFORE FACING A PENSION CRISIS` WORDS COUNT: 797 DATA: 10/03/2012 Going back through human history elderly people were only tiny minority of the population. In 1935 when Social Security Scheme was introduced to prevent poverty in old age elderly people accounted for only 3 to 4%of the population. Nobody suspected that in the future the developed world would face pension crisis caused by shifting demographic. Rising longevity and falling birth rates would cause a lower ratio of workers per retire,which will result in difficulty in paying for state or federal pension. Nowadays people are living longer than ever before and retirement pensions have become a problem. At present “developed countries are experiencing a dramatic and unprecedented demographic transformation” (Jackson and Howe, 2008) which may lead to pension crisis in the nearer future. This essay highlights two key problems that are causing development world aging and emphasise the importance for solution to prevent developed countries from pension crisis. The fact that developed countries are aging is a result of two fundamental trends like falling fertility and rising longevity. Falling fertility is reflected in a decrease in the number of young people. Declining birth rate is a result of changes in women`s life styles. Nowadays women in developed countries getting higher education and taking paid jobs; career comes before having babies. This means getting married...
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...certain unfortunate consequences of modern medicine, such as demographic ageing and substance abuse. This essay will outline the beneficial and problematic implications of modern medicine. For the purpose of this essay, the “modern medicine” is the period of the history of medicine from1790 when the vaccine was invented to the present. There are two main advantages of modern medicine. The first merit of modern medicine is improving humanity health. For instance, vitamin deficiency can be supplemented with tonic utilisation or physical pain can be reduced with analgesics. Moreover, life expectancy can be extended by methods such as damaged tissues repairing or defective organs and limbs replacing of artificial ones. The second benefit of modern medicine is decreasing mortality. This is rooted in the fact that widespread immunisation lead to a considerable decline in infant mortality. Moreover, mass death which resulted from prevalent epidemics in the past, for example smallpox, measles, and malaria now can be distinguished in a fairly short period of time with vaccines. Furthermore advance medical techniques, particularly diagnostic imaging such as X-rays, and Magnetic Resonance Imaging permit early detection and treatment of diseases, for instance, lung cancer, or tuberculosis. Nevertheless, contemporary medicine also brings certain disadvantages. One of them is population aging which refers to the increase in the elderly and the decrease in the youth. Hence, the labour force as...
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...decades. However, for the majority of the population, quality of life have not improved accordingly. In most countries, social security policies are under-budgeted which could be used help the lower-income, unemployed, elderly, or those stricken by natural disaster. As one of the most developed nation in the region, Singapore still fell behind on social protection spending. Combined with rapidly aging population, Singaporeans have the highest savings rate in the world. Fearing that the government will not be able to help them in the future (Quasem 2013). From the extract of the article above, this paper will underlie the definition and academic analysis of Singapore’s underspending on its social protection policy. Which will include a discussion on its current GDP, Economic inequality, fiscal policy, and subsidy. Even though the article discusses on the problem as a continent, with the given world count limitation, the essay will only look on Singapore alone. A concluding statement will follow with an appropriate argument of the consequence of the policy currently at hand. Discussion With $65,048 per capita GDP, Singapore is known for having the fifth highest per capita GDP in the world (Singstat.gov.sg 2005). GDP, or gross domestic product, is a measure of the total value production of goods in services within a nation at a given time period. Whereas GDP per capita is a measure of the amount of GDP averaged to the total population (Parkin 2010). It is debated whether the...
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...IP It is very likely that the new generation will face a lot of challenges that will change their lives. A few of these problems which I will be discussing in this essay, are the running out of resources, the aging population and Global warming. EP It has been known for years, and scientists have been working around the clock to find a good and efficient alternative fuel, but sooner or later the inevitable is going to happen: The oil supply will run out. It has been estimated that we will not have to deal with that until an approximate 20 years. However, nobody knows exactly how much oil still is available. But it is pretty clear, that if there isn’t a clear alternative fuel by then, that the world is in big problems. Production, transport, everything will stop. EP2 Another inevitable problem that the most of Europe will face is the aging population. The post second world war generation, also known as the baby-boomer generation is retiring, or getting too old to support for themselves. The working population is slinking and the elder population is growing, thus more costs for health care, homecare, etc. and less people to carry those costs. So, it is only logical that either the tax-system will increase, or the health-care system will decrease in quality. EP3 And finally, the problem that has been given the most attention by the media is, global warming. It is a common problem, where almost everybody in the world is aware about. Only, not everybody is...
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...Overpopulation and Longevity Historically, the topic of population and its contents have been feared and unknown to many. With the increasing human population on Earth accompanied by an array of factors such as disease, lack of resources, and increasing life spans, it becomes dramatically harder to look into the future and predict that the world is not being overpopulated by humans. However, despite the myriad of overwhelming issues regarding the concern of overpopulation, I posit through several key examples that we are not in danger of overpopulation and further, that we as a species are actually benefited by increased longevity. It has been determined numerous times throughout the last several hundred years that overpopulation of the human race is looming and is an unavoidable fate of the human race which will ultimately lead to its self-destruction. One such theory, perhaps the most famous, belongs to Thomas Malthus whom lived during the Industrial Revolution. The Industrial Revolution laid the foundation for manufacturing on a massive scale which was accompanied by advancements in technology that also brought about an era of farming that was vastly more efficient. In 1798, Thomas Malthus predicted in An Essay on the Principle of Population, (which was revised to accommodate for criticisms,) that the human race could not account for its growth in terms of resources and sustenance as he believed the population increased exponentially compared to food supply (Malthus). Even...
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...The 4-2-1 Phenomenon The main purpose of this essay is to review the effect on how this structure has affected, affects and is a big challenge for China’s development. It all starts far back in 1979 when the one child policy was introduced. At first it was a measure aiming to control the rapid growth of the population, now the country is facing its consequences. (Dvorsky) By the midpoint of the century, more than a quarter of the Chinese population will be over 65. And it will be at this point in time (if not sooner) that young adults will face an unprecedented burden of care — what's been dubbed the 4-2-1 problem. China already has the world’s largest elderly population and it is expected to increase. Elderly people aged 60 and above will grow by 100 million in just 15 years (from 200m in 2015 to 300 by 2030). This argument in the increase of elderly people will lead to an increasing demand for services and expenditures related to health care, the cost of which will fall upon China’s only children. The one-child policy has created a situation in China in which there are too few young people to support a growing, aging population. This scheme basically stipulates that a child would bear the responsibility of providing to his/her grandparents (usually 4) parents as they cannot rely on siblings or other family members during their old age, himself and on top of that, his future family. Even with high savings rates, it seems unlikely that the younger generation will...
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...Analyzing the Psychology of Aging Jason Russ Analyzing the Psychology of Aging Not only is the country’s population growing, it is aging as well. Older adults are the fastest growing population on the charts right now. There is no point and time when a person overnight just becomes “old.” Obviously everyone knows we simply just age; it comes with getting older. This thing called “aging” happens to everyone at a different rate. In this particular essay I will briefly be discussing five parts of psychology aging, and cognitive functioning in the elderly. Psychology of Aging, Theories of Aging, the Physical Dimension, the Cognitive Dimension, and the Social Dimension. The psychology of aging focuses on the behavioral changes which occur during the normal aging process. Age differences in learning, memory, perceptual and intellectual abilities will be investigated. In addition, emphasis will be placed on the neural correlates and cognitive consequences of disorders of aging such as Alzheimers disease(Belsky, J.1999). Aging introduces a number of psychological and physical changes in the human body and engaged researchers in this field of study. The growing population in industrialized countries has become a serious issue in the 21st century. Life expectancy has increased significantly over the 20th century. For example, in 1900 a baby born in an industrialized country would usually live to between 47 and 55, while a baby born in the 21st century would be expected to...
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...holds that rapid population growth inhibits improvement in living standards. This short monograph by three authors associated with Harvard's School of Public Health attempts to clarify the complexities of demographic change and economic growth. Modern societies have typically passed through a demographic transition in which the labor force grows more rapidly than total population because a decline in mortality precedes a decline in fertility. In the right policy environment -- one conducive to education and to saving -- this transition creates the potential for exceptionally rapid economic growth, as has been experienced in recent decades by Ireland and by several East Asian countries. The authors draw attention to this opportunity for many developing countries over the next 20 years, urging these countries to take advantage of the situation. Similarly, rich countries need to prepare for significant aging of their populations and, in some cases, for shrinking labor forces -- an altogether new experience in the modern era. Related Review Essay, May/June 2012 India's Broken Promise Basharat Peer Indian elites are cheering their country’s newfound status and influence. But two recent books reveal the ugly underbelly of India’s success story. A vast gulf has opened up between the rich and the poor, corruption suffuses every aspect of life, and the country’s political leaders lack the vision needed to turn this would-be world power into an actual one. Read Essay, Jul/Aug 2010 ...
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...Associate Program Material Aging and Disability Worksheet Part I Identify 2 or 3 issues faced by the aging population. 1. Health Issues 2. Income and Economic Welfare 3. Neglect and Abuse Answer the following questions in 100 to 200 words each. Provide citations for all the sources you use. • What is ageism? How does ageism influence the presence of diversity in society? Ageism is a form of discrimination and prejudice, particularly experienced by seniors. Most seniors are mentally and physically active regardless of age with a great deal to contribute. http://www.alfa.org/alfa/Ageism.asp Ageism influences the presence of diversity because those who are affected by ageism within their career may lose their job due to newer, younger, cheaper people coming into the workplace to take over their current position. Which may leave those who are older without proper insurance to take care of their aging bodies which could result in earlier deaths and a lack of diversity in the world. Also when the younger generation takes over positions in the workplace that workplace will have a lack of diversity as well. http://www.studymode.com/essays/Eth125-R8-Disability-Diversity-1534126.html • What is the Age Discriminitation in Employment Act (ADEA)? How does the ADEA address issues for the aging population? The Age Discrimination in Employment Act (ADEA) of 1967, as amended, seeks to address the long standing problem of age discrimination in the...
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...Aging is a process everyone goes through every day, but does everyone share same aging experiences? No, despite being in a collective community, we age individually while still being attached to the society. Different people with different culture will have different experiences and different understanding of 'aging'. In the readings we did for this week, different authors attempted to explain what's going in our mind when we age. The first essay I've read was written by Dr. Karp. He discussed our understanding of aging came from studies of identity transformations among the age group of 30s and 40s. Because of that, he argued, we ignored the crucial period that serves as a reminder, 50s and 60s. Within that age group, we are more reminded of our old ages while comparing...
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...Geriatric Field Argumentative Essay Jazmine Capel Critical Thinking 2:00pm-3:20pm Formal Analysis 1) The impact that my grandparents have made in my life has influenced me to make working with the elderly a career. 2) The elderly are an ever so rapidly growing population and there is a need for professionals in the geriatric field. 3) The many issues that accompany the elderly are a growing concern of mine. 4) I believe that caring for the elderly is one of the most challenging and exciting areas of health care. Therefore, I have chosen Geriatric Social Work as a career objective. “You have not lived today until you have done something for someone who can never repay you.” ~John Bunyan I believe that we were given two hands, one to help ourselves and one to help others. As an aspiring social worker, I have learned that helping others who cannot sufficiently help themselves is one of the main objectives of the profession. My career objectives upon graduation include being a social worker in a hospital, care facility or an agency focused on helping families but specifically the elderly. The impact that my grandparents have made in my life has influenced me to make working with the elderly a career. The elderly are an ever so rapidly growing population and there is a need for professionals in the geriatric field. The many issues that accompany the elderly are a growing concern of mine. I believe that caring for the elderly is one of the most challenging...
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...setting up residential homes for the elderly. How far do you agree/disagree with this statement? The ageing population is growing in number as a country develops and its standard of living increases. Countries such as Japan, is which has a high standard of living showing the population aged 65 years and above are at a steady 22.9% (CIA, 2011). Brunei, as a developed nation also is experiencing ageing population and is expected to rise in the coming years. The main reason for the rise is due to the high standard of living and a proper diet with a better medical facility. As a result of this, Brunei is facing several problems and is trying to tackle the problems. In this essay, I will discuss the problems faced by Brunei as a result of its ageing population and explain the alternative solutions for the ageing people. One of the problems that ageing causes is causing a burden to the economy of Brunei. This is because elders do not serve the government any longer and do not benefit Brunei’s economy but is provided with several medical benefits and other incentives. This is considered as a ‘burden to the country’. Furthermore, the elderly are provided with free medical facilities, as well as pensions. For example, medical facilities include, Renal Departments, more doctors for the Cardiology Department and other old age related diseases. Another problem of ageing population is related to the society where the elders are often neglected when they are no longer working as people surrounding...
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