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Problem in Asia
Due to astounding
improvement in medical science people's longevity has increased in Asia.
Longevity increase and the increase in fertility are increasing the dependency
ratio and the burden of the recovery. Actually, longer lifespan and falling
death rate of elderly people can pose serious problems here in future.
Ageing is a big,
immediate and an urgent problem for most populated Asian Countries. Japan,
Singapore, South Korea and Hong Kong are some countries facing such a problem.
predicted that Asia's elderly population will far outstrip those in the rest of
the world in four decades. Moreover, its population of those above 60 years old
is estimated to quadruple by 2050 to 1.2 billion which is four times the size
of senior citizens in the United States and Europe combined.
In the past,
some countries have been very slow in moving up the retirement and even those
that move in a very timid way. In fact, countries with a large number of
elderly people and a low mortality rate will face demographic and economic
problems supporting many seniors.