It is expected in the near future that there will be a higher proportion of old people compared to younger population in some countries. Is this a positive or negative development?

It is true that we are witnessing a growth of ageing

population

in parts of the world, and the majority of people in

such

countries will comprise elderlies in the foreseeable future. In my personal opinion, it should unquestionably be considered as a detrimental trend because of the following reasons.

To begin

with, growing

the old

Suggestion

older

population

could bring about serious financial problems for governments. Being encountered

with

Suggestion

by

an increasing number of people of retirement age, entitling to receive pensions, governments are to bear a heavy financial burden, as more funds should be allocated so as to cater to the elderlies’ monetary needs. The situation is compounded by the fact that considering less

population

of working age, governments would earn an inadequate amount of money through

tax system

Suggestion

the tax system

, driving authorities to put more tax pressure on young working adults, and as

such

, an across the board discontentment amongst the younger generations would be certain to arise. Alongside financial issues, by

rising

increasing in quantity or value

raising

the proportion of non-productive old people, economic growth of ageing countries would experience a setback. Being compelled to cater to

old

Suggestion

older

people, governments would be forced to reallocate a portion of the funds, deemed to contribute to the upliftment of the country, to some other public services. The public budget, supposed to be invested in industrial infrastructures,

for instance

, will be diverted to equipping hospitals, or the budget for improving education system will be sacrificed for erecting new nursing homes.

In other words

, the countries with an ageing

population

would be very likely to fail to flourish its economy, enhance its young residents’ quality of life and, in turn, to elevate its standing on

global stage

Suggestion

the global stage

a global stage

in terms of economy and international influence. In conclusion, I would assert that growing of the baby boom generation is to be accompanied by various awkward consequences, ranging from governmental to individual problems.