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Social Policy in an Ageing Society

Age and Health in Singapore

Social Policy in an Ageing Society by D. Reisman
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Around half the world's population live in countries where the fertility rate is far below the replacement rate and where life expectancy is increasing dramatically. Using Singapore as a case study, "Social Policy in an Ageing Society" explores what might happen in a dynamic and prosperous society when falling births, longer life expectancy and rising expectations put disproportionate pressure on scarce resources that have alternative uses. David Reisman investigates the challenges facing Singapore, where a rapidly rising median age and the growing pressure of old people upon medical attention are threatening to disrupt the economic and even the political status quo. The dependency of the old upon the young is becoming a financial and an emotional burden. Health care is swelling in quantity and price. Voluntary and compulsory savings are being used up. New demands for pensions and subsidies are challenging the national ideology of family network and self-reliance. Despite a wealth of prospective problems, the author argues that viable solutions can be found. Discretionary savings can increase. Reverse mortgages can monetize owner-occupied property.
Edward Elgar Publishing; June 2009
316 pages; ISBN 9781848447455
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Title: Social Policy in an Ageing Society
Author: D. Reisman