Elder Law
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Elder Law

Evolving European Perspectives

Edited by Ann Numhauser-Henning

The ageing population poses a huge challenge to law and society, carrying important structural and institutional implications. This book portrays elder law as an emerging research discipline in the European setting in terms of both conceptual and theoretical perspectives as well as elements of the law.
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Chapter 2: Demographic developments and economic challenges in an ageing Europe

Kirk Scott

Abstract

The world’s population is ageing at a rapid and increasing rate. This chapter discusses the challenges that developing countries face as a consequence of growing shares of the population above retirement age. The chapter discusses reasons why commonly advanced solutions to the ageing challenge are not likely to help. Increasing migration is discussed as a non-solution, as is fertility increase and raising taxes. The most likely solution will be found in a combination of increasing the statutory retirement age and encouraging increased labour force participation among those in working ages. Population ageing, demography, retirement, replacement migration, elderly, pensions

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