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The Economic effects of aging society in Korea (한국 고령화 사회의 경제적 영향) - 영어레포트

저작시기 2012.12 |등록일 2013.04.16 워드파일MS 워드 (docx) | 11페이지 | 가격 3,500원

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목차

1) Introduction
2) Economic effects
3) Problems of an Aging Society
4) Solutions for an Aging Society
5) Conclusion

본문내용

1) Introduction
An aging society means that the average age of a society group is increasing. This social phenomenon occurs not only when the life expectancy extends because of the advance in health and medical care industries but also when population rate of young generation declines due to a decreased birth rate. According to statistics, many countries steadily show the diminished birth rate and increased life-expectancy. For this reason, the mean of age within the society is becoming old.
U.N measures the degree of aging society. The organization defines over 65 years old as senior citizens. U.N categorizes the aging society into three.

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4) Solutions for an Aging Society
First of all, people need to prepare their own financial plans for life after retirement. For example, I recommend investing the money rather than allowing money to sleep in accounts. Normal savings accounts give you incredibly low interest rates, which are generally lower than the inflation rate. Second, the government needs to encourage fertility rates to rise to replacement levels. The effect of promoting the birth rate would be to have more potential workers who would be responsible for paying into the national pension and growing the economy if all of them can get a job.
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