AGEING: A CELEBRATION, A CHALLENGE, AND AN OPPORTUNITY Arie Hoekman Representative of UNFPA China November 14, 2014 1
ADDING YEARS TO LIFE Source: UN, World Population Ageing 2013. 2
PERCENTAGE OF OLDER POPULATION 1950-2050 3
DEPENDENCY RATIO: 1980-2050 4
POPULATION STRUCTURE IN CHINA 1980-2050 5
SPHERES OF ACTION ON AGEING Participation Equitable Security ageing Productivity 6
EQUITY ISSUES: MAGNIFIED IN LATE YEARS old age youth childhood 7
Per Capita Public Health Care Transfer by Residence Per Capita Public Pension Transfer by Residence 15,000 3,000 10,000 2,000 5,000 1,000 0 0 0 10 20 30 40 50 60 70 80 90 0 10 20 30 40 50 60 70 80 90 Age Age Urban Rural Urban Rural Per Capita Public Pension Transfer by Gender Per Capita Public Pension Transfer by Income Quartiles 15,000 16,000 14,000 10,000 12,000 10,000 8,000 5,000 6,000 4,000 2,000 0 0 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 0 10 20 30 40 50 60 70 80 90 Age Quartile 1 Quartile 2 Quartile 3 Quartile 4 Age Male Female Source: Benefit Incidence of Public Transfer: Evidence from the People’s Republic of China. Ke Shen, Sang-Hyop Lee.
THE MAGNIFYING EFFECT
PARTICIPATION Provide gender equity and better access to sexual and reproductive health Alter economic incentives Reduce unemployment 10
SECURITY Economic Health Physical 11
KEY ISSUES Pensions Healthcare for the elderly Age-friendly environments 12
2500 RMB, 10.2% Expenditure Income Expenditure Income 2007 2008 URBMI Non-URBMI Source: Zang Wenbin, et al., “The Effect of URBMI on Household Consumption”, Economic Research Journal, 7 (2012): 75-85. 13
SILVER MARKET 14
JAPANESE HOUSEHOLD WEALTH, BY AGE GROUP (¥TRN), 2008 15
PRODUCTIVITY Investing in Education - lifelong learning Healthcare Research and development 16
NEXT STEPS Life course approach and evidence- based planning International consensus South-south cooperation 17
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