Singapore Vs. Sweden Challenges of Ageing Population Justin E. (7) 4.10
Factors Leading To Ageing Population • Singapore – – – – – – –
1940s baby boom Population Control Policies 1969 “Stop At Two” Above mentioned very successful Birth Rate declined “Have three or more if you can afford it” announced in 1987 Latter policy less successful
• Sweden – – – –
High healthcare quality At least 480 thousand people over 80 in 2003 High 1940s baby boom Large group of adults now
Hypothesis: – Singapore has successfully managed its economic and social challenges of ageing population compared to Sweden, in the long term.
• Economic Challenges – Singapore • Lack of economic challenges • Shopper’s paradise status works to its benefit
– Sweden • • • •
Lacking in terms of Education and Labour Affects their manpower Lower quality of workers Also affects their economy
• Social Challenges – Singapore • • • •
Small country High Population Density Large number of Elderly Government have to manage their resources well
– Sweden • Efficient Healthcare • Higher Life Expectancy than Singapore • Better equipped to look after elderly
Conclusion • Singapore manages challenges better than Sweden • Sweden possibly taxed more by higher number of aged