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The global population is getting progressively older, supported by slower birth rates and advancements in nutrition and medicine. Euromonitor predicts that one billion people will be over the age of 60 by 2017. Governments need to bolster health systems to handle the increasing number of elderly in need of care, and should also look to reform pension and welfare systems. Some governments, in order to combat a potential workforce shortage, have started encouraging their populations to have children.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.
By Euromonitor International5
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The global population is getting progressively older, supported by slower birth rates and advancements in nutrition and medicine. Euromonitor predicts that one billion people will be over the age of 60 by 2017. Governments need to bolster health systems to handle the increasing number of elderly in need of care, and should also look to reform pension and welfare systems. Some governments, in order to combat a potential workforce shortage, have started encouraging their populations to have children.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.