Ageing and economic welfare

Area of Science:

• Demographics
• Economics
• Gerontology

Background:

• The proportion of elderly individuals in Denmark has significantly increased since 1900.
• This demographic shift presents challenges to the Danish economy and social welfare system.

Purpose of the Study:

• To analyze the impact of population development on the economic welfare of Denmark.
• To specifically examine the economic implications for the elderly population.

Main Methods:

• Analysis of historical and projected demographic data.
• Examination of dependency ratios and economic burden on the working-age population.

Main Results:

• The elderly population in Denmark rose from 10% in 1900 to 20% in 1984, projected to reach 30% by 2025.
• An increasing dependency burden on the working-age population is evident.

Conclusions:

• Greater economic efficiency is crucial for Denmark to address demographic changes.
• Higher fertility rates and increased labor force participation among the elderly are recommended strategies.