Ageing population and the economy
...Ageing Population and the Economy Affiliation: The ageing population faces diverseand dynamic problems that can be psychological, cultural, social, economic, or political in nature. Possible solutions to these problems are proposed, resulting in numerous programs that are formulated, designed, and implemented to address existing and emerging problems or issues. Older people in the economy are regarded as the pace setters of both social and economic change, due to their contribution in the economy prior to their old age (Lee & Mason, 2011). In this regard, they are as important as everybody else in the economy. Enhancing their welfare is...