Ageing, Health and Pensions in Europe: An Economic Perspective

The ageing of populations is one of the main economic and social developments shaping the 21st century. Population ageing affects welfare states, as it creates the need for reforms of pension-, healthcare- and social care systems, which will have reverberations for European welfare states and their labour markets, and the health and well-being of European citizens. Yet, ageing also yields new opportunities and benefits, raising important issues such as how societies can benefit longer from the talents of populations enjoying rising longevity, and how human resources can be maintained better during the entire life course. Since population ageing is proceeding more rapidly in Europe than in other continents, Europe can be expected to take the lead in social innovations aimed at adopting suitable policies for successful ageing.

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