Description
Book SynopsisPopulation ageing has been the subject of much discussion in recent years, often expressed in alarmist language that advocates evasive policy action to avert an imminent demographic crisis. This forward-looking book evaluates the debates surrounding population ageing and offers a more optimistic outlook on its effect on the economy.
William Jackson initially considers general theoretical approaches to population ageing, particularly in relation to the rising dependency burden. He then goes on to examine traditional topics such as employment, productivity, pensions and social security, along with less traditional topics such as informal care, within the context of long-run structural changes. The author draws on an extensive range of economic literature and considers neoclassical arguments before analysing the issue from a non-neoclassical economic, social gerontological and sociological perspective. He maintains that conventional economic theory tends to overstate the effects of population ageing on the economy. Thus, he argues that while population ageing is a complex issue requiring some policy adjustments, it is a less acute problem than is suggested in popular and academic discussion.
This book will be of great importance to scholars and students with an interest in population economics and the economics of social policy.
Trade Review'. . . the new book by William Jackson brings a breath of fresh air . . . One of the main merits of this book is the breadth of issues and areas covered . . . The author draws on extensive literature, and presents a wide range of views, opinions and theories. This makes the book useful for both specialists, who follow closely the field, and for students and those just entering the discipline, who are in need of a text presenting a broad overview of the issues involved in population ageing . . . Overall, this is a thought-provoking book, which offers an alternative view on the economic and social implications of population ageing, and is therefore a valuable addition to the literature on the subject.'Table of ContentsContents: 1. Introduction 2. Ageing and Dependency 3. Population Ageing and Neoclassical Economics 4. Alternative views of Population Ageing 5. Productivity and Employment 6. Pensions and Retirement 7. Health Care and Social Services 8. Informal Economic Activity 9. Conclusion
