Public discourse in recent years has been dominated by doom and gloom predictions that the social costs of ageing populations are like a tsunami which will engorge the health and pension systems in North America and Europe. We are told that our systems are unsustainable, that countries will go bankrupt if they don’t reduce their … More The Social Costs of Population Ageing: Is health care for older populations sustainable?
We are often told by political leaders that our aging populations will place such demands on social programs – social security, medicaid, medicare, old age security, guaranteed income supplement, chronic and graduated care, etc. – that these programs are “unsustainable” and therefore need to be “reformed,” which usually means reducing benefits. This reasoning tends to … More Aging Societies and Sustainability of Social Costs: Learning from older societies