The birth rate in most developed countries is predicted to begin to fall over the next 50 years. By 2030 it is estimated that over one third of the population in most developed countries will be aged 65 and over: What effects will these predictions have on developed countries if they prove true? What can be done now to deal with this situation? Give reason for your answer and include any relevant examples from your own knowledge or experience. Write at least 250 words

A large
proportion
of the world's population is currently in the
age
group of 25-50 years;
however
, it translates to the fact that
this
huge
proportion
will join the dependent sector of the economy by the end of
this
decade.
This
can have a detrimental effect on the socio-economical aspect of a country,
hence
it is vital to find ways to deal with the situation before it becomes a reality. In
this
essay, let us get a glimpse on
this
seemingly subtle problem and look for ideas to combat what could soon be a massive threat to
global-economy
Suggestion
the global - economy
. Decreasing birth rates and increasing life expectancies will increase the average national
age
, thereby adding pressure on the government to provide more funds for the dependent population.
In other words
, the
proportion
of people in the work force will be significantly lower than the
proportion
of people who will be retired and
thus
requiring benefits for sustenance. To illustrate, when the gross national
age
increased in the UK, the NHS had to hire more people and more funds had to be
alloted
given as a task
allotted
allowed
to the NHS.
Such
diversions of funds for maintenance rather than for developmental purposes can be a threat to the economy. Dealing with the problem, once it has occurred is almost implausible.
Thus
, it is important to act faster to achieve the desired results. Foremost, we need to keep track of the overall birth rates, identify lacunae and address the areas swiftly and efficiently.
Moreover
, sufficient funds must be channelled to
further
research in epidemiology. In order to prevent the gross national
age
from plummeting, the key is to prevent the decline of birth rates. To conclude, epidemiological studies have anticipated that more than 33% of the people in the developed world will be over the
age
of 65, at the end of
this
decade and that will leave a devastating effect on the economy.
Hence
, it is important to identify the key problem zones before time runs out.
Submitted by beautifullychaotic94 on

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