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Silver Population – The New ‘Gold’ for Our Society

Author

Listed:
  • Mihaela Cazacu

    (The Bucharest University of Economic Studies)

  • Mihaela Mihai

    (The Bucharest University of Economic Studies)

  • Crina-Dana Ionescu

    (The Bucharest University of Economic Studies)

Abstract

Global demographic trends show an ageing population, concentrated mainly in Europe and Asia, in countries such as Italy, China and Japan. This can be seen either as an issue, considering the social protection system, either as a big opportunity in keeping elders active. In both cases, the importance of modernization of social policies has become crucial around the world. In order to avoid major economic issues or social tensions, it is required to identify main areas with big impact for ageing population and consider benefits for them. The purpose of this research is to investigate the opportunities of ageing population in the context of quality of life, based on the nine dimensions proposed by Eurostat, showing that silver (population) is the new gold for society. As a preliminary research, ageing will impact material living conditions, health, leisure and social interactions. For instance, in medicine there will be a challenge to switch from traditional medical checks to tele-medicine based on gadgets that monitor health or can assist persons in their daily life and fight with illness.

Suggested Citation

  • Mihaela Cazacu & Mihaela Mihai & Crina-Dana Ionescu, 2021. "Silver Population – The New ‘Gold’ for Our Society," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 227-234, August.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:1:p:227-234
    as

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    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%203/7.pdf
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    References listed on IDEAS

    as
    1. Florina BRAN & Maria-Loredana POPESCU & Pavel STANCIU, 2016. "Perspectives of Silver Economy in European Union," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(2), pages 130-135, May.
    2. Klimczuk, Andrzej, 2012. "Supporting the Development of Gerontechnology as Part of Silver Economy Building," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 2(2), pages 52-56.
    3. Andrew E. Clark & Andrew J. Oswald, 2006. "The curved relationship between subjective well-being and age," PSE Working Papers halshs-00590404, HAL.
    4. Liudmila Zasimova & Maria Sheluntcova, 2014. "Measuring active aging for government policy planning: a case of Russia," HSE Working papers WP BRP 11/PA/2014, National Research University Higher School of Economics.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    silver population; silver economy; quality of life; active ageing;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • I10 - Health, Education, and Welfare - - Health - - - General
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J00 - Labor and Demographic Economics - - General - - - General

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