Showing posts with label Demographics. Show all posts
Showing posts with label Demographics. Show all posts

Sunday, 4 June 2017

John Quiggin on the non-problem of population ageing

In Time’s up for ageing alarmists John Quiggin argues that many of the articles on our ageing population ignore the fact that our health and quality of life for a given age are also improving. So we shouldn't think of our advancing years as an increased burden, but instead it'soffering us opportunities.
The increase in longevity produced by improved medical treatments, reductions in the risk of death, and healthier living is a huge boon for Australians, individually and collectively. Yet the framing of the issue around “population ageing” has presented it as a near-catastrophe, not only creating unnecessary negativity but also closing off discussion of the opportunities created by our longer lifespans. We need to stop talking about “population ageing” and start talking about people living longer and healthier lives.

An ageing population may not necessarily be lowering the dependency ratio

A few years back Ross Gittins wrote a column Australia's ageing population need not be a burden on taxpayers in which he argued that Australia needn't worry about the economic affects of our ageing population. This is because the actual dependency ratio is not changing. Children are also dependants, and as we age the proportion of children in the population is declining, offsetting the increase in older dependants.

He based his column on the paper ‘The ageing of the Australian population: triumph or disaster?’ by Katharine Betts, Adjunct Associate Professor of Sociology at Swinburne University of Technology.