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Economic Vulnerability and Ageing in Mexico

Author

Listed:
  • Raccanello, Kristiano.

    (Social Development Secretariat, Mexico City Government)

  • Osorio-Alarcón, Mónica.

    (Independent consultant. Puebla, Mexico)

  • Molina-Velasco, Nallely.

    (Social Development Secretariat, Mexico City Government)

Abstract

Elderly people (EP) are people aged 60 years and over. In Mexico EP participation is increasing and for those EP residing in urban areas, pensions constitute the main income source but, in the rural counterpart EP’s income includes: family transfers, pensions and government targeted programmes’ transfers. When EP retire income decreases sharply because neither pensions nor income from rents smooth wages drop. This situation entails that most EP in both rural as well urban areas, are poor. Women are mostly affected because earning a lower income and having a larger life expectancy than men. Thus, besides being associated with the rural/urban areas and the ageing process, poverty is also gender biased. The economic outlook for EP is not favorable as elderly economic vulnerability might be increasing for future generations./ Las personas mayores (EP) son aquellas mayores de 60 años y más. En México la participación de éstas está aumentando y para los que residen en las zonas urbanas, las pensiones constituyen la principal fuente de ingresos, pero en la contraparte rural los ingresos de dichas personas mayores incluye: traslados familiares, pensiones y transferencias dirigidas de programas de gobierno. Cuando las EP se retiraran, su ingreso disminuye drásticamente porque ni pensiones ni los ingresos por rentas igualan el salario. Esta situación implica que la mayor parte de PE en las dos áreas, urbanos rurales sean pobres. Las mujeres se ven más afectadas principalmente porque ganan un ingreso más bajo y tienen una esperanza de vida mayor que los hombres. Por lo tanto, además de estar asociado con las zonas rurales/urbanas y el proceso de envejecimiento, la pobreza es también sesgada de género. Las perspectivas económicas para la EP no son favorable dado que la vulnerabilidad económica de ancianos podría estar aumentando para las generaciones futuras.

Suggested Citation

  • Raccanello, Kristiano. & Osorio-Alarcón, Mónica. & Molina-Velasco, Nallely., 2015. "Economic Vulnerability and Ageing in Mexico," Panorama Económico, Escuela Superior de Economía, Instituto Politécnico Nacional, vol. 0(21), pages 53-84, segundo s.
    • Handle: RePEc:ipn:panora:v:xi:y:2015:i:21:p:53-84
    as

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    References listed on IDEAS

    as
    1. Francisco H.G. Ferreira & Julian Messina & Jamele Rigolini & Luis-Felipe López-Calva & Maria Ana Lugo & Renos Vakis, 2013. "Economic Mobility and the Rise of the Latin American Middle Class [La movilidad económica y el crecimiento de la clase media en América Latina]," World Bank Publications - Books, The World Bank Group, number 11858.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    elderly; public policy; vulnerability; Mexico./ ancianos; la política pública; la vulnerabilidad; México.;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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