Older Malaysians faced multifaceted challenges—financial, health, and social—during the pandemic. This has highlighted policies that will help governments in the future.
The region’s aging population poses challenges and opportunities. As the age dependency ratio rises, it's vital to address healthcare, pensions, and food security. Investments in capital, technology, and human capital development are crucial for the 'silver workforce'
ADB economists Aiko Kikkawa and Raymond Gaspar answer questions about the role of older people in the Asian job market, based on research for their recent paper published in the Journal of Population Ageing.
Older persons have vulnerabilities related to gender, family dynamics, financial and digital literacy, access to labor markets and long-term care. Policymakers should support the region’s growing elderly population to achieve healthier and more productive lives.
Slowing population growth can have broad benefits for society, including enhancing the many ways that older citizens enrich our communities.
As urbanization and aging trends continue, sustainable development will depend on making cities more livable, environmentally friendly, socially inclusive, and competitive.
While the pandemic has affected the entire population, it has had a disproportionate impact on the older generation that built this region’s prosperity. We owe it to older persons to pursue policies that help them to make it through the crisis healthy and happy.
The demand for affordable elderly care services exceeds supply in many parts of Asia. It needs to be addressed in a humane and sustainable way.
The COVID-19 pandemic highlights the need to strengthen programs and policies affecting older persons both in times of crisis and afterward.
These charts illustrate how Sri Lanka’s elderly population is increasing while the number of working-age people to help support them is declining. Forward-thinking policies are needed to address the challenges arising from this imbalance.