ISSN: 2222-6990
Open access
In recent decades, the world's ageing population is a significant demographic trend observed worldwide. This trend is driven by several factors including fertility rate, advances in healthcare and increase in life expectancy. The implications of this trend vary across different regions and countries. In response to this demographic trend, this conceptual study is likely to highlight the effects and challenges of ageing population in Malaysia. The ageing population can have crucial effects on various aspects of society such as productivity and government revenue, healthcare, social security system and investment pattern and labour market. By taking a proactive approach to address the challenges of an ageing population, society can better support their well-being of elderly citizens in future while maintaining economic growth and stability.
Adrian, T., & Ashcraft, A. B. (2012). Shadow banking regulation. Annu. Rev. Financ. Econ., 4(1), 99-140.
Bakshi, G. S., & Chen, Z. (1994). Baby boom, population aging, and capital markets. Journal of business, 165-202.
Bloom, D. E., Canning, D., & Fink, G. (2014). Disease and development revisited. Journal of Political Economy, 122(6), 1355-1366.
Borio, C. E., & Drehmann, M. (2009). Assessing the risk of banking crises–revisited. BIS Quarterly Review, March.
Borsch-Supan, A., McFadden, D. L., & Schnabel, R. (1996). Living arrangements: health and wealth effects. In Advances in the Economics of Aging (pp. 193-216). University of Chicago Press.
Boucekkine, R., Croix, D. D. L., & Licandro, O. (2003). Early mortality declines at the dawn of modern growth. The Scandinavian Journal of Economics, 105(3), 401-418.
Christensen, Kaare, and James W. Vaupel. Determinants of longevity: genetic, environmental and medical factors. Journal of internal medicine 240.6 (1996): 333-341.
Cristea M, Noja GG, Stefea P, Sala AL. The Impact of Population Aging and Public Health Support on EU Labor Markets. Int J Environ Res Public Health. 2020 Feb 24;17(4):1439. doi: 10.3390/ijerph17041439. PMID: 32102277; PMCID: PMC7068414.
Davis, E. P. (2002). Ageing and financial stability (pp. 191-227). Springer Berlin Heidelberg.
Dobriansky, P.J., Suzman, R.M., Hodes, R.J. (2007). Why Population Aging Matters—A Global Perspective; Department of State: Cambridge, UK.
DOSM (2023). Department of Statistics Malaysia. (https://www.dosm.gov.my/).
Hondroyiannis, G., Papapetrou, E. Macroeconomic influences on the stock market. J Econ Finan 25, 33–49 (2001). https://doi.org/10.1007/BF02759685
Imam, P. (2013). Demographic shift and the financial sector stability: the case of Japan. Journal of Population Ageing, 6, 269-303.
Jayawardhana T, Anuththara S, Nimnadi T, Karadanaarachchi R, Jayathilaka R, Galappaththi K (2023) Asian ageing: The relationship between the elderly population and economic growth in the Asian context. PLoS ONE 18(4): e0284895.
Kochhar, R.; Oates, R. Attitudes about Aging: A Global Perspective; Pew Research Center: Washington, DC, USA, 2014
Masson, Paul R. and Ralph W. Tryon, 1990. Macroeconomic effects of projected population ageing in industrial countries, International Monetary Fund Staff Papers, vol. 37, No. 3, pp. 453-485.
McKee, M. M., Stransky, M. L., & Reichard, A. (2018). Hearing loss and associated medical conditions among individuals 65 years and older. Disability and Health Journal, 11(1), 122-125.
McKenzie, D. J. (2006). The consumer response to the Mexican peso crisis. Economic Development and cultural change, 55(1), 139-172.
Norlaily, H., Azidah, A. K., Asrenee, A. R., Rohayah, H., & Juwita, S. (2009). Proportion of dementia and its associated factors among elderly patients attending outpatient clinics of Universiti Sains Malaysia Hospital. The Medical journal of Malaysia, 64(2), 140-145.
Siliverstovs, B., Kholodilin, K. A., & Thiessen, U. (2011). Does aging influence structural change? Evidence from panel data. Economic Systems, 35(2), 244-260
TMR (2021). The Malaysian Reserve. Malaysia’s Social Protection System Not Ready for Ageing Nation. 26th July 2021.https://themalaysianreserve.com/2021/07/26/malaysias-social-protection-system-not-ready-for-ageing-nation-status/)
N/A
Copyright: © 2023 The Author(s)
Published by HRMARS (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode