Parker, David W. and Downie, George and Lewis, Daniel (2019) Live Long and Prosper? Boldly going into the fourth - age. Management Services, 63 (2). pp. 20-25. ISSN 0307-6768
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Abstract
Around two-thirds of the projected increase in spending is expected to be on clinical aged-healthcare (particularly funding of new technologies and support services). [...]with healthier lifestyles, higher incomes and better education all contributing to boosting life expectancy, growth in costs of age-related pensions, adds further economic pressure. [...]present society and policymakers need to look with fresh eyes at what living in the 4th-age will become; and identify what benefits this increasing demographic can contribute and bring to the wider society. [...]social isolation is decreased through friendships forged in digital communities. Unless the economic model changes, the tax base will shrink while government spending on aged-healthcare will expand substantially; and a dwindling number of younger workers will have to carry the financial burden of supporting the much older generations. * Extending longevity may seem to be a positive product of an advanced society.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HG Finance |
| Divisions: | School of Business and Management (SBM) |
| Depositing User: | David Parker |
| Date Deposited: | 17 Feb 2022 00:34 |
| Last Modified: | 17 Feb 2022 00:34 |
| URI: | https://repository.usp.ac.fj/id/eprint/13052 |
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