TY - JOUR
T1 - Towards a reconceptualising of population ageing in emerging markets
AU - Gietel-Basten, Stuart
AU - Scherbov, Sergei
AU - Sanderson, Warren
N1 - Funding Information:
The authors are grateful to Becky Staddon and Stefanie Andruchowitz for their assistance in preparing this paper and the EMS executive committee and administrators for their support. This work was partly supported by the European Research Council under the European Union's Seventh Framework Programme (FP7/2007-2013) / ERC under Grant ERC2012-AdG 323947-Re-Ageing
Funding Information:
This work was partly supported by the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC under Grant ERC2012-AdG 323947-Re-Ageing.
PY - 2016
Y1 - 2016
N2 - Variously defined, the 'emerging markets' [EMs] are frequently held up as the countries that will shape global economic development in the 21st century. However, it is also often said that population ageing could limit growth in many EMs. In this paper, we explore the conventional measurements employed to demonstrate population ageing in EMs, and then move on to discuss whether these measurements are, indeed, 'fit for purpose' when studying EMs. Drawing on the literature on 'prospective ageing' (pioneered by Sanderson and Scherbov), we present an alternative set of ageing measurements based on a boundary for 'dependency' drawn from remaining life expectancy rather than chronological age. Using these measurements, population ageing - at least as defined here - can be seen as a much more manageable prospect for many EMs. We also examine the challenges and the opportunities for EMs associated with population ageing, and consider their potential advantages relative to the EU and North America in managing this trend.
AB - Variously defined, the 'emerging markets' [EMs] are frequently held up as the countries that will shape global economic development in the 21st century. However, it is also often said that population ageing could limit growth in many EMs. In this paper, we explore the conventional measurements employed to demonstrate population ageing in EMs, and then move on to discuss whether these measurements are, indeed, 'fit for purpose' when studying EMs. Drawing on the literature on 'prospective ageing' (pioneered by Sanderson and Scherbov), we present an alternative set of ageing measurements based on a boundary for 'dependency' drawn from remaining life expectancy rather than chronological age. Using these measurements, population ageing - at least as defined here - can be seen as a much more manageable prospect for many EMs. We also examine the challenges and the opportunities for EMs associated with population ageing, and consider their potential advantages relative to the EU and North America in managing this trend.
UR - http://www.scopus.com/inward/record.url?scp=85034958287&partnerID=8YFLogxK
U2 - 10.1553/populationyearbook2016s041
DO - 10.1553/populationyearbook2016s041
M3 - Article
AN - SCOPUS:85034958287
SN - 1728-4414
VL - 14
SP - 41
EP - 65
JO - Vienna Yearbook of Population Research
JF - Vienna Yearbook of Population Research
ER -