Aging Population & Social Economy Effects

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Aging Population & Social Economy Effects WORK AND ECONOMICS OF WORK ORGANIZATION IN JAPAN JUSTIN CHAN TUCK LEONG

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Page 1: Aging Population & Social Economy Effects

Aging Population & Social Economy

EffectsWORK AND ECONOMICS OF WORK ORGANIZATION IN

JAPANJUSTIN CHAN TUCK LEONG

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Significance

Why Population matters? https://www.populationinstitute.org/resources/whypopulationmatters/ The world is confronting a host of major crises relating to climate,

energy, severe poverty, food, the global economy and political instability

Population is expected to increase to 9.2 Billion by the end of the century

Effects the Social Economy development of the country especially that of Japan

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Natural Population Change Birth Rate Vs. Mortality rate

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The changes in Population Pyramid

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The situation likely to cause

Retiree increases and children (0-4) reduces Reduce of labour force – working age group same as the total of

elderly people and children Dependency ratio increases Dwindling of government public fund

Therefore, Japan be a model/ example for other developing countries to avoid similar situation

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Main Variables

Advancement in health care and medical industry Total life expectancy vs. healthy life expectancy – the gap causes

medical cost to rise up What is the definition of elderly people? In Japan context? Avg 66 How is old worker defined? Now that the labour market has changed The dependency ratio – consumer increases rapidly compared to the

contributors

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Research Questions

What is meant by healthy and able elderly people in terms of employment?

What are the social economy effects due to population aging? What are the government policies implemented in response to the

demographic change in Japan? What are the likely effect to the implementation

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Some of the ideas the major concept might be operationalized Education to the public

Education might fail/increase in quality Changing the scope of work Immigrants to come to work (temp solution) Woman to join the workforce (temp solution) Increasing the birthrate – shorten long working hours Not many retirement houses and institutions Public pension funds and healthcare

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Problem

So far I have managed to gather almost 30 journals and counting However the most are from 90s – not many after 2000 Why is there less research in this issues as time passes?