Aging Europe
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Inhibitors:
- Productivity growth in European countries
- European Labour Market Reform, more flexible labour policies and increase the incentives to work
- Support and facilitate very talented people not only the people whom we think need help.
- Attract talented people from around the world.
- Create a climate of entrepreneurship.
- Attenuate immigration policies for talented people whom like to stay in Europe.
- Create world-class educational institutions.
- Getting more woman into the workforce
Paradigms:
The aging of European populations will threaten living standards and prosperity. A new sort of welfare state needs to arise. However, the European members are still scattered on which fundamentals they have to build this new welfare state. A model based on individualism and collective facilities only accessible for the more prosperous civilians like the American model or a more Northern Europe (Scandinavian) approach, a model based on solidarity and unity with collective facilities for all its civilian.
Experts:
- United Nations
- EU
- Organization for Economic Cooperation and Development
- Centraal burau voor de statistieken (CBS) for Dutch figures and trends
Timing:
- 2000: Trend identified
- 2005: Several parties and governmental institutions have done research on this matter and they all show that action is needed.
- 2010: Period in which the steepest increase of people turning 65 years or older is expected
- 2020 - 2025: One in five Europeans will be more than 65 years old.
Web Resources:
- Anti-aging Europe
- BusinessWeek - Global Aging
- McKinsey The economic impact of an aging Europe
- MGI The Coming Demographic Deficit: How Aging Populations Will Reduce Global Savings
- OECD
- The Economist - The economic power of women
- The Economist - Women and the world economy
- The New York Times - An Aging Europe May Find Itself on the Sidelines 1 2