This news report broadcast by ABC News in Australia shows the need to see Asia’s ageing population as an opportunity.
ABC correspondent Robert Baird reports that Asia is ageing faster than ever before. The United Nation’s population fund projects that by 2050, one in four people in the region will be over 60 – more than 1.2 trillion people. It’s putting increasing strain on health-care facilities, and in countries like Thailand, it’s combining with a low birth rate to shrink the country’s workforce.
But ageing advocates are urging countries to see a bulge in their aged population as an opportunity, rather than a disaster.