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Q: • How does poverty affect the ageing population?
A: Population Aging by David Weil summarizes the economics effects of aging populations. [ [ Populations in developing countries are aging due mainly due rapid decreases in fertility and partially to increasing life expectancy; population aging in developed countries is primarily the result of past declines of fertility. Weil mainly focuses on the impact of aging in developed countries, but he
shows how these same factors will come to affect the rest of the world. As the population ages, the ratio of dependents to working age adults increases. Dependents are financed by a combination of personal saving, family help, and government transfers. In developed countries, government transfers derived from PAYGO (pay as you go such as Social Security) pensions provide the bulk of the support for the elderly dependents. Because practically all workers are part of such a system and their funds finance the prior generation, the major impact of aging on the economy is that these taxes which fund the PAYGO (pay as you go) system distort aggregate output. ]
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User: What is being done to address the issues of aging and the issues of being mistreated as a senior citizen

User: • How does poverty affect the ageing population?

Weegy: Population Aging by David Weil summarizes the economics effects of aging populations. [ [ Populations in developing countries are aging due mainly due rapid decreases in fertility and partially to increasing life expectancy; population aging in developed countries is primarily the result of past declines of fertility. Weil mainly focuses on the impact of aging in developed countries, but he shows how these same factors will come to affect the rest of the world. As the population ages, the ratio of dependents to working age adults increases. Dependents are financed by a combination of personal saving, family help, and government transfers. In developed countries, government transfers derived from PAYGO (pay as you go such as Social Security) pensions provide the bulk of the support for the elderly dependents. Because practically all workers are part of such a system and their funds finance the prior generation, the major impact of aging on the economy is that these taxes which fund the PAYGO (pay as you go) system distort aggregate output. ]
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Asked 8/2/2012 4:51:27 PM
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