Due to increasing life expectancy and decreasing fertility rates, the worlds population will continue to age. The Brookings Institution's Robert Holzmann takes a look at the changes that must be made in order to be better accommodate the world's aging population.
In order to address this growing issue, Holzmann suggests that we lengthen individuals working lives and review/make changes to most institutions such as marriage and the pension systems:
Without hope of a decent job when they are old, people will not be willing to retire later despite longer life expectancy. Population aging can only be successfully addressed with innovative pension, labor market, and other reforms that encourage and enable older people to stay healthy, skilled, and motivated.
To learn more dealing with the aging population, head over to The Brookings Institution: