KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
The Economics of Healthy Ageing in China
Abstract: Healthy ageing is a challenge for many countries with
significant shares of elderly people. Literature refers to China’s ageing
population as a ticking time bomb which paradoxically is both a challenge
and an opportunity for the country. Health is considered an important
determinant of economic growth and competitiveness. The health of the
elderly population determines its need for resources and care. Thus,
investing in healthy ageing contributes to economic and social well-being.
This study is a review of literature on the social and economic aspects of
healthy ageing. It summarizes alternative approaches presented in
literature to ease pressures of a rapidly growing ageing population. The
main focus is on strategies for healthy ageing, policy practices and
measures, organization, finances and manpower resources to promote healthy
ageing in China. Up-to-date theories and methods applied to household
surveys and population statistics are used to quantify the problem,
resource requirements and estimating the social and economic benefits of
having policies and measures for healthy ageing. Conclusions are drawn with
respect to conditions of healthy ageing in China and about the state policy
in this regard.
Keywords: Healthy ageing; ageing in China; active ageing; challenges and opportunities; economics of healthy ageing; (follow links to similar papers)
JEL-Codes: H75; I15; I18; I38; P36; (follow links to similar papers)
26 pages, April 5, 2016
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