One is to raise productivity, and that may happen with more investment in capital and with innovations that emerge in response to the growing scarcity of labor. But it may triple in Mexico, from 6.0% to 20.2%, and in Brazil, from 6.9% to 22.5%. Hungary brought up the rear (at 23.5), followed by Poland (at 31.4) and Estonia (33.3). The median age in these countries in 2010 was only 18 and 19, respectively. It would ensure economic security for older adults, lessen the gap between “haves” and “have not’s” in later life and provide a safety net for those without resources. The projected increase in the median age in the U.S., from 37 in 2010 to 41 in 2050, is matched in its moderation only by Britain, France, Russia and Nigeria. On the other … The U.S. has a long way to go in becoming a truly age-friendly society, according to a new international scorecard — the most comprehensive assessment to date of how nations across the world are responding to their aging populations. And there is inequality," says Goldman. In 2050, the dependency ratio in these countries is expected to range from 83 in Germany to 96 in Japan. AGING IN OTHER COUNTRIES & ACROSS CULTURES IN THE US . “Previously unimagined numbers of people were going to grow old, but policymakers weren’t attending to the consequences,” said Rowe, who chaired both MacArthur networks. In 1948, the first year for which data are available, the labor force participation rate for people 65 and older was 27.0%.31, 1615 L St. NW, Suite 800Washington, DC 20036USA The growth in a country’s population and changes in its age composition are often linked to the economic prospects for that country. Terms in this set (35) Population aging . China’s population, with a median age of 46 in 2050, is expected to be older than those in Russia, France and Britain by that date. will be the "oldest" country. This demographic transformation caused by a rapidly aging population is new for the United States but not for other countries. The rising elderly population, coupled with a … Other writers treat the perceptions of middle-age people regarding their own old age. The other countries in Europe are likely to age faster than the U.S. Spain leads the way, with its median age increasing from 40 in 2010 to 50 in 2050. Israel is expected to remain relatively young, with its median age rising from 30 in 2010 to 36 in 2050. "But what you don’t see is the extreme poverty that existed before we started programs like Medicare, Medicaid and Social Security. Sharp increases are expected in the median age in Latin American countries. In percentage terms, the growth in the U.S. population (28%) should exceed the growth in two of its major Latin American partners—Argentina (26%) and Brazil (18%). Meeting the needs and unleashing the potential of older Americans through media, International Association of Gerontology and Geriatrics’ World Congress, MacArthur Foundation Research Network on an Aging Society. By the same token, it is not inevitable that the aging of a country’s population portends gloom for its economic prospects. Asia is also notable for leading the world in the size of the older population with 341 million people 65 and older. Created by. With populations in Russia, Germany, Italy and Japan on the decline, the U.S. population is expected to increase in size relative to several of its major economic partners. Immigration estimates are from the World Bank (. By then, the median age in Germany (51), Italy (50) and Spain (50) will not be far behind. Also, a society that was adapting well to an aging population would foster solidarity and cooperation among young people, the middle aged and older adults. 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