Aging policy and the economy

Abstract

This paper focuses on studying and presenting the readings and ideas presented by Quadagno, in 'Aging Policy and the Economy', from the book, 'Aging and the life course'. The chapter focuses on identifying the fact that the economic situations of the elderly individuals living in our society are usually bad. Therefore, the author presents his study in this regard. He is of the view that though these elderly individuals are skilled and have served the society and the organizations that they have been associated with in their lives, yet, they are faced with such problems in the elderly stages of their lives.

Aging Policy and the Economy

Introduction

The demographic factor cannot be ignored or not taken into account in long-term socio-economic planning. Socio-economic and demographic processes - it is an interconnected system in which the socio-economic component is crucial. At the same time, demographic processes, especially their changes significantly affect the socio-economic phenomena. Demographic trends are the most important components of future socio-economic development, including the evolution of the pension system (Quadagno, 2011). This paper would focus on the study of the readings of the chapter, 'Aging Policy and the Economy', from the book, 'Aging and the life course', which is written by Quadagno.

Discussion

Jill Quadagno's groundbreaking text is the first to take a life course perspective, examined the relationship Which Between the quality of one's life in old age and one's experiences, choices Earlier, Opportunities, and constraints. The text Gives Students at Broad background for understanding current policy debates-through a distinctive chapter Entitled "Old Age and the Welfare State," and-through boxed essays in every chapter called "An Issue for Public Policy" (Quadagno, 2011). The text Integrates coverage of topics and issues pertaining to race, class, gender, and culture. - This text refers to the Hardcover edition of this title.

Older adults make great contributions to economic development of their societies, yet the myth lives on in the coming years, the company may not solve the financial support and provision of health care to the elderly. Two parallel events feed this myth. One such event is the recognition, becoming clear; the large number of citizens in this millennium will live to older ages. The second major focus is being done on market forces in most of the world, and the related debate over the proper role of the state when its citizens to provide income security and health care (Meyer, Julie, 2001).

In many countries, more industrialized, there is growing concern compared to the levels of state spending in the area of ??social protection, and discusses whether it could reduce costs for opening more social protection to private sector competition. It is unfortunate that this global debate has emphasized the cost to society of providing pensions and health care to the elderly, instead of putting in consistent and substantial economic contributions that older citizens are to society, and led spreading this myth, but the facts show that this is not an accurate reflection of reality. Keep in mind two important aspects: work ...