Singapore’s Aging Population – The Facts, Causes and Implications on Society
One of the results of having a successful nation – a fully developed one – is that the nature and make up of that nation’s population changes. The population of developing nations can be represented by a pyramid, with the age of the populace increasing as you go up the levels. There are significantly fewer elderly members of society in proportion to those lower down the pyramid, those who are of working age. There comes a time in a country’s development however, when this pyramid suddenly flips. This means that there are more elderly people – those that have contributed to society, but no longer are able, or want to, at least financially – than there are those of traditional working age.