In the future, there will be a higher proportion of older people than young people in many countries. Is it a positive or negative development?

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It is observed that the ratio of older to younger
people
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will grow in the coming decades across most nations.
This
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essay will explain why
this
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is ultimately a negative development for society in the long term.
Firstly
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, having a greater proportion of elderly
people
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can put a strain on the state budget. The government may have to increase its expenditure on the healthcare system since senior citizens are more prone to serious and often costly ailments
such
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as heart disease and strokes than younger
people
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.
However
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, since there are other important sectors that the government has to allocate funding to
such
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as infrastructure, education and defence, spending more to support the elderly may eventually leave little financial resources for those mentioned fields.
This
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could adversely impact the meaningful progress being made in said fields and by extension detrimentally affect the socioeconomic development of a country.
Secondly
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, the growth in the number of elderly
people
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will damage the national workforce. Since they are not as physically or mentally strong as younger
people
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, most old
people
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can no longer work to contribute to securing their country’s economic growth.
Consequently
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, with an inadequate number of younger
people
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to replace the ageing population in terms of employment, a shrinking workforce can impede economic growth which in turn can halt meaningful strides towards better standards of living.
This
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is evident in the case of blue-collar jobs, as workers who are much older cannot work as effectively as younger ones since they lack the strength to tackle hard labour.
Hence
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, they are more likely to be laid off which will practically diminish the national workforce in
this
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area. In conclusion, the expanding number of older
people
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in comparison to younger
people
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is decidedly a negative development since it will place a massive burden on the state budget and reduce the productivity of the labour force.
Submitted by phn.anh87 on

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