THE SOCIAL AND ECONOMIC IMPACT OF AGEING

Robert Huffenheimer teaches at Columbia University.

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The average age of the world's population has increased significantly over the last 50 years.

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Most older people have relatives nearby.

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There are both benefits and disadvantages for societies with ageing populations.

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So far, private companies have ignored the changing demographic situation.

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Most countries with an older population have much higher education costs.

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On average, older people spend four hours per day online.

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Countries can benefit from the skills of retired people.

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