The Silver Lining: Opportunities in ageing Asia

The report discusses the economic opportunities arising from the aging populations in Asia.

(Generated with the help of GPT-4)

Quick Facts
Report location: source
Language: English
Publisher: Policy Horizons Canada
Publication date: February 1, 2014
Authors: Not Specified
Time horizon: 2030
Geographic focus: Asia, Canada
Page count: 3

Methods

The research method involved analyzing demographic trends, economic data, and business practices related to aging populations in Asia, as well as examining the potential impacts on various industries and economies.

(Generated with the help of GPT-4)

Key Insights

The report examines the demographic shift in Asia, where an increasing number of the population is aged 65 or older, particularly in advanced economies like Hong Kong, Japan, Singapore, and South Korea. This aging trend presents both challenges and opportunities in healthcare, lifestyle management, work environments, adult education, and elderly rights. The report highlights the potential for growth in health and wellness industries, pharmaceuticals, and healthcare services due to the rising demand for elderly care. It also suggests that businesses will need to adapt to cater to an aging workforce, including part-time work, retraining, and technological support. Additionally, the report discusses how labor-intensive jobs may move to countries with younger populations as the workforce in aging societies shrinks. For countries like Canada, this demographic shift in Asia opens up opportunities to export products, services, and expertise in healthcare and social security systems.

(Generated with the help of GPT-4)

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