Ageing Preparedness in an Age of Robotization: Which Countries Are Better Prepared to Grow Old?

Bernardo L. Queiroz, Universidade Federal De Minas Gerais
Vegard Skirbekk, FHI

The current indicators assessing preparedness for ageing primarily focus on aspects such as demography, health disparities, fiscal sustainability, the prevalence of chronic diseases, disability rates, and the provision of pension and healthcare services. They often overlook critical intersections, including the impact of illness, poverty, and limited skills on inequality assessments. They also tend to neglect the effects of technological advancements, changing labor requirements, and a lack of insight into how different cohorts transition in terms of health and skills. Our objective is to develop a more comprehensive approach to understanding the diverse experiences of older populations in various countries. This approach takes into account factors like their participation in the workforce, their skill proficiencies, health status, familial structures, and the educational and work backgrounds of women. We propose the creation of "DemReady," a new demographic indicator designed to assess the extent to which countries are well-prepared for the challenges and opportunities presented by aging populations.

Keywords: Population Ageing, Economic Demography, Older Adults and Intergenerational Relations

See extended abstract.