Centre for Policy on Ageing
 

 

Population aging and its economic costs
 — a survey of the issues and evidence
Author(s)Frank T Denton, Byron G Spencer
Journal titleCanadian Journal on Aging, vol 19, supplement 1, Summer 2000
Pagespp 1-31
KeywordsAgeing process ; Costs [care] ; Costs ; Social policy ; Literature reviews ; Canada.
AnnotationThe ageing of the population is expected to result in substantial increases in the costs of maintaining health care and pension programmes, and is a source of widespread concern. The purpose of this paper is to survey the literature, issues and evidence relating to cost increases associated with the ageing of the Canadian population. A balanced assessment of costs requires that attention be given to all publicly provided services - not just those used in large measure by older people (such as health care). A balanced assessment requires also that privately provided goods and services be considered, since whether provision is mostly through public or private channels is in large measure a matter of social preference and public policy: the costs must be charged against the same national income in both cases. Beyond that, it is important to recognise that population change affects not only the demand side of the economy, but also the supply side. That is, it affects the nation's productive capacity as well as the ways in which the national product is used. (RH).
Accession NumberCPA-001113215 A
ClassmarkBG: QDC: WC: TM2: 64A: 7S

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