Research Article

Economics of Longevity and Aging Populations

Volume: 4 Number: 1 July 28, 2025
TR EN

Economics of Longevity and Aging Populations

Abstract

The global phenomenon of aging populations and increasing longevity presents significant economic, social, and policy challenges. This article explores the economic implications of these demographic trends, particularly their impact on fiscal sustainability, labor markets, healthcare systems, and intergenerational equity. The main aim is to critically evaluate the challenges posed by aging populations while highlighting opportunities for innovation and adaptation. By reviewing existing literature and case studies, the article illustrates how rising old-age dependency ratios strain pension systems, increase healthcare costs due to chronic diseases, and contribute to productivity declines from a shrinking workforce. At the same time, it examines the opportunities presented by the growth of the "silver economy," technological advancements in elder care, and policies that encourage lifelong learning and extended workforce participation. The article emphasizes the importance of integrated policy responses that leverage technology, reform social systems, and promote intergenerational equity by using examples from countries like Japan and the Nordic nations. By addressing these issues, this article aims to contribute to the broader discourse on sustainable strategies for managing aging populations and ensuring economic resilience in the face of demographic shifts.

Keywords

References

  1. Acemoglu, D., & Restrepo, P. (2017). Robots and jobs: Evidence from US labor markets. NBER Working Paper No. 23285.
  2. Barr, N. (2012). Economics of the Welfare State (5th ed.). Oxford University Press.
  3. Bloom, D. E., Canning, D., & Fink, G. (2010). Implications of population aging for economic growth. Oxford Review of Economic Policy, 26(4), 583–612.
  4. Bongaarts, J. (2020). Trends in fertility and fertility preferences in sub-Saharan Africa: The roles of education and family planning programs. Genus, 76(1), 32–4.
  5. Börsch-Supan, A., & Coile, C. (2018). Social security programs and retirement around the world: Working longer: Introduction and Summary. NBER Working Paper Series No. 24584.
  6. Centers for Medicare & Medicaid Services. (2023). National health expenditure data: Historical and projected health spending. Retrieved from https://www.cms.gov
  7. Cylus, J., Figueras, J., & Normand, C. (2019). Will Population Ageing Spell the End of the Welfare State? A Review of Evidence and Policy Options. WHO Regional Office for Europe.
  8. Deaton, A. (2013). The great escape: Health, wealth, and the origins of inequality. Princeton University Press.

Details

Primary Language

English

Subjects

International Economics (Other)

Journal Section

Research Article

Early Pub Date

July 11, 2025

Publication Date

July 28, 2025

Submission Date

January 26, 2025

Acceptance Date

June 10, 2025

Published in Issue

Year 2025 Volume: 4 Number: 1

APA
Yolusever, A. (2025). Economics of Longevity and Aging Populations. Journal of Economics Business and International Relations-JEBI, 4(1), 146-176. https://doi.org/10.58654/jebi.1627286
AMA
1.Yolusever A. Economics of Longevity and Aging Populations. JEBI. 2025;4(1):146-176. doi:10.58654/jebi.1627286
Chicago
Yolusever, Aras. 2025. “Economics of Longevity and Aging Populations”. Journal of Economics Business and International Relations-JEBI 4 (1): 146-76. https://doi.org/10.58654/jebi.1627286.
EndNote
Yolusever A (July 1, 2025) Economics of Longevity and Aging Populations. Journal of Economics Business and International Relations-JEBI 4 1 146–176.
IEEE
[1]A. Yolusever, “Economics of Longevity and Aging Populations”, JEBI, vol. 4, no. 1, pp. 146–176, July 2025, doi: 10.58654/jebi.1627286.
ISNAD
Yolusever, Aras. “Economics of Longevity and Aging Populations”. Journal of Economics Business and International Relations-JEBI 4/1 (July 1, 2025): 146-176. https://doi.org/10.58654/jebi.1627286.
JAMA
1.Yolusever A. Economics of Longevity and Aging Populations. JEBI. 2025;4:146–176.
MLA
Yolusever, Aras. “Economics of Longevity and Aging Populations”. Journal of Economics Business and International Relations-JEBI, vol. 4, no. 1, July 2025, pp. 146-7, doi:10.58654/jebi.1627286.
Vancouver
1.Aras Yolusever. Economics of Longevity and Aging Populations. JEBI. 2025 Jul. 1;4(1):146-7. doi:10.58654/jebi.1627286