In many countries, people are now living longer than ever before. Some people say an ageing population creates problem for governments. Other people think that there are benefits if society has more elderly population. To what extent do the advantages of having an ageing population outweigh the disadvantages?

In a lot of nations nowadays, it is the case that

people

die later than has ever been the case before. On the one hand, some

people

may feel

this

has propagated issues for the

government

.

On the other hand

, some

people

argue that there are clear advantages with a high prevalence of elderly

people

in the population. In

this

essay, I will argue that the declining youth population has mostly created devastating economic consequences for the

government

, as

this

forces them to

increase

their expenditure on public services. Having an increasingly ageing demographic will likely

increase

the demand for public necessities

such

as

:

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healthcare, retirement homes and pensions.

Consequently

, it is almost certain that the

government

will have to

increase

drastically the spending budget it allocates to

their

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its

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spending to match the rise in consumption. Whilst

this

may benefit

the

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society for the greater good as it's likely to

increase

the quality of the services,

this

will likely mean that those spent funds could have likely been spent

elsewhere

more productively.

This

is because despite

such

necessities being essential pillars to the

wellbeing

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well-being

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of society, I believe that governments

due to

the rising ageing populations may feel pressured into not spending it anywhere else, and given that the elderly are economically inactive,

this

will not likely

increase

the economy's productivity and

instead

could have the adverse effect of increasing taxes in the nation to cover the loss.

For instance

, having explored

this

topic in my Sociology lessons, I have found out the devastating

long term

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long-term

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impact which a high proportion of older

people

has on

economies

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the economies

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of Japan and Singapore. Before becoming dominated

with

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by

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the elderly, these countries were far more productive economically and had lower tax rates which has allowed them to grow economically.

Hence

, the increasing life expectancy has devastating implications for the

government

as it puts

constraint

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constraints

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on their resources, and reduces their ability to spend

elsewhere

.

Nevertheless

, one of the main arguments in favour of an elderly demographic is that retired

people

can take care of

children

in dual-career couples.

This

is because

such

couples will likely simply not have time to provide for their

children

, as both of the parents will be working. In that

case

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case,

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their parents, who will not be working, may take the role of child carers and

therefore

this

will allow the governance to maintain its workforce size.

Furthermore

,

this

may have wider benefits for family dynamics. One reason for

this

is that

children

are more likely to be able to spend more time with their grandparents which will allow for family bonding. Given the generational gap which is growing between the youth and the elderly,

this

could be an effective solution to ensure there is a close relationship

of

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children

with their older family members.

For example

, back when I was a toddler, my grandmother and my grandparents used to look after me and my other siblings.

Therefore

,

this

provides a foundation for families in the long term as it involves several stakeholders within a family environment and will mean that the economy is more likely to be productive, which can benefit the

government

massively. In conclusion, it is true that an increasing percentage of older

people

can help families where parents may require assistance as they can seek out

for looking

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to look

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after their

children

.

However

, on the whole, I would argue that these benefits are outweighed by the disadvantages as the governing bodies will experience an increasing need to fund common services, which has a clear opportunity cost.