Global Scans · Seniors · Weekly Summary

WHAT'S NEXT?: Between 2000 and 2050, the proportion of the world's population aged over 60 will double from about 11 per cent to 22 per cent.

• [New] Silver Economy Innovations: As China's elderly population grows, new products and services like smart home health monitoring and accessible travel solutions will be highlighted. TropicalHainan.com
• [New] The world will be watching as Doha once again takes center stage in shaping the future of Islamic finance in the digital age. The Halal Times
• [New] The very-old-age dependency ratio - the proportion of people aged 85+ relative to the working-age population - is already highest in Southern Europe and is projected to increase dramatically, from 6% to approximately 18.3% by 2070. Bruegel | The Brussels-based economic think tank
• [New] Eastern and Southern EU countries will face more severe ageing and workforce shrinkages, undermining their competitiveness and potentially contributing to increasing inequality. Bruegel | The Brussels-based economic think tank
• [New] With less than 5% of pension funds allocated to alternative investments and less than 5% in equities, Ghanaian pension funds are missing out on higher-yielding, diversified opportunities across various sectors and asset classes. The Business & Financial Times
• [New] Due to new spending & structural pressures from interest costs, the NDIS, defence, health and aged care, spending as a share of GDP is expected to average 26.7% over the longer term, well above the pre-Covid average of 24.8%. Livewire Markets
• [New] TRENDS OF DEMOGRAPHIC TRANSITION IN INDIA - Increased Share of Working Age Population: India has been witnessing a growing proportion of its population in the working-age group, which presents an opportunity for economic growth. SlideShare
• [New] Andhra Pradesh will launch a policy on 'demographic management' to tackle the shrinking workforce, aging population, and changing family structures. The Economic Times
• [New] As power consumption increases in the U.S., projected to reach 4,185 billion kilowatt-hours in 2025, the ageing infrastructure is straining to meet current electricity needs. Yahoo Finance
• [New] 76% of senior executives in Singapore are increasingly worried about financial crime risks, citing cybersecurity threats and criminal misuse of AI. Python Lessons
• [New] The Longevity Economy represents a paradigm shift in global markets, offering opportunities worth trillions across continents and industries. Deepak Hurakadali Dairy
• [New] For at least the next 25 years, the population of older persons is expected to continue growing more rapidly than other age group. BioMed Central
• [New] The percentage of individuals aged 65 and older in the global population is expected to increase from 10% in 2022 to 16% by the year 2050. BioMed Central
• [New] Major problems have hit two sectors that most Australians will have to interact with at opposite ends of their life cycle - child care and aged care. ABC News
• [New] This month, the US Congressional Research Service released a report mentioning that the US Navy faces an estimated 12 to 16-month delay in the delivery of its first Columbia-class ballistic missile submarine, threatening the timely replacement of aging Ohio-class SSBNs. Asia Times
• [New] As India's working-age population is expected to rise until 2048, sustained investments in education, skill development, and reskilling programs are necessary to ensure competitiveness in global job markets. Policy Circle
• [New] While Indonesia currently enjoys a demographic advantage with an average population age of 27 years, the proportion of elderly citizens is expected to rise significantly over the next four decades. Antara
• [New] As India's working-age population is expected to rise till 2048, India would be the world's leading supplier of labour. MillenniumPost
• Nepal, like many developing countries, has been grappling with a critical situation where the proportion of its working-age population is higher than its dependent population, with a unique opportunity for vibrant economic growth. GorakhaPatra
• The number of people in Wales aged 65 years or older is projected to increase by 19.6% to 806,000 between mid-2022 and mid-2032 and reach over one million by 2060. GOV.WALES
• The welfare system will collapse unless it is reformed, with the cost of working-age sickness and disability benefits forecast to rise to £70bn a year by the end of the decade. The Guardian
• As the world moves further into the AI and digital age, emerging technologies offer new opportunities for growth and efficiency. mig-hk

Last updated: 02 April 2025