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

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

such

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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

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with, growing

the old

Suggestion

older

population

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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

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

tax system

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the tax system

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

such

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, 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

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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

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

In other words

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, the countries with an ageing

population

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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

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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.