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Older persons key players in global development agenda

14 1 0
03.10.2017

As the proportion of the older persons across the Asia-Pacific region increases exponentially, we must seek out new and innovative approaches to turn this demographic trend into an opportunity to be harnessed to help achieve the ambitious targets of the 2030 Agenda for Sustainable Development. The number of older persons in the region is expected to more than double, from 535 million in 2015 to about 1.3 billion by 2050, we need to consider the myriad impact of this phenomenon on our economies, societies, and livelihoods.

Ignoring this challenge is likely to have profound consequences. We cannot leave the care of older persons to families alone nor can we ignore the need for progressive health care and income security schemes. Future economic growth cannot be assured by the current and projected working-age population. The ratio of people of working-age to older persons is decreasing sharply, and in most countries of the Asia-Pacific region, less than a third of the working-age population contributes to a pension........

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