Uber is testing a track to expand its business in Japan with the employment of older adults in its delivery service, UberEATS. Bloomberg reports that Dara Khosrowshahi, CEO of Uber, said UberEATS has been a huge access for the company to Japan, offering an unusual way to enter the country. He says older people in Japan are the most eager[Read More…]
Aging Readiness and Competitiveness (ARC) Report Looks at Challenges, Opportunities Presented by Massive Growth of Age-60-Plus Population Globally and Ways 12 Nations Are Addressing Them A comprehensive new report, released today by AARP, examines the preparedness levels of 12 nations — Brazil, Canada, China, Germany, Israel, Japan, Korea, Mexico, South Africa, Turkey, the United Kingdom, and the United States —[Read More…]
With Japan’s aging population and a changing society, caregiving is a complex issue. But new technological innovations may provide solutions that were once unimaginable. By Atlas of Care Dr. Michael Birt, PhD in Japanese Studies and Atlas of Caregiving advisory council member, has worked as a consultant for many large, multinational healthcare companies, a thriving sector in Japan. In 1990, Birt[Read More…]
East Asia and Pacific is aging faster – and on a larger scale – than any other region in history, which could lead to a steep drop in the size of its workforce and sharp increases in public spending on pensions, health care and long-term care in the coming decades, according to a World Bank report. More than 211 million[Read More…]
The outlook for the Asia-Pacific region remains robust—the strongest in the world, in fact—and recent data point to a pickup in momentum. The near-term outlook, however, is clouded with significant uncertainty, and risks, on balance, remain slanted to the downside. Medium-term growth faces secular headwinds, including from population aging and sluggish productivity. Macroeconomic policies should continue to support growth while[Read More…]
Baby Boomers who have held down jobs and contributed to the well-being of New Zealand through their taxes may yet become homeless in late middle age or early retirement without urgent Government action, says The Salvation Army. The latest report from The Salvation Army’s Social Policy and Parliamentary Unit, Homeless Baby Boomers, reveals only 62 per cent of Baby Boomers[Read More…]
By 2020, Asia Pacific’s ageing market is projected to reach US$3.3 trillion, according to the 3rd Asia Pacific Silver Economy Business Opportunities Report launched during the opening of the 6th Ageing Asia Innovation Forum, Singapore in 2015. Aimed to provide market observations of Asia Pacific’s silver economy, the Report uses household savings forecast for 2020 and the total market potential for[Read More…]
The population in East Asia and Pacific is aging rapidly, raising concerns about the implications for the region’s economic future. Although the region is aging rapidly, proactive public policy can play an important role in helping it adapt to changing demographics and mitigating the downside risks of aging. The “Live Long and Prosper” Report by World Bank Group aims to[Read More…]
China has the largest elderly population in the world and also one of the most rapidly aging societies in the world, which will pose great challenges to sustainable economic and social development. According to the National Bureau of Statistics, China had about 185 million persons aged 60 and over at the end of 2011 ? It is projected that the[Read More…]
China boasts the most spectacular sustained economic growth in world history. But there is a fly in the ointment. It also has the world’s largest elderly population. As a consequence of its one-child policy, its share of the population aged 60 and over will spike alarmingly from 12% in 2010 to 34% in 2050, creating a tremendous socioeconomic burden for[Read More…]
