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Britain's aging population

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Introduction

Britain's aging population Countries with aging populations have higher death rates. This is the case in the UK as death rates are particularly high in some of the popular retirement resorts along the south coast e.g. Brighton and Dorset. Although such services as the NHS work well in Great Britain and good doctors and medicine are keeping the elderly healthy until a much older age, this means that as the retirement age remains at sixty and people are beginning to live for longer. This is increasing the ratio of the number of people of working age (15-60\4 years) to support each person of sixty and over. As figure 3A and figure 3B show the UK to have the highest ratio against other high ratioed countries such as France. ...read more.

Middle

Under 15 years (%) UK 59.4 12 10 89 19 Egypt 66.9 26 6 44 39 Nigeria 113.8 43 13 16 45 Population Pyramid Summary for United Kingdom: Here is the demographic transition model for the UK: Here is Britain through the ages (% of population in each age group) 1840 1880 1920 1940 1980 2000 0-14 36 36 26 24 19 19 15-29 28 26 28 19 22 20 30-44 18 18 21 23 21 22 45-59 11 13 15 18 20 20 60-74 6 6 8 12 12 12 75+ 1 1 2 4 6 7 All this is not good for the country though as society ages, there may come a time when: * There are not enough young people to finance care of the old * The old may have used up all their financial resources (NB: People will depend on pension schemes for longer than anticipated when they were set up). ...read more.

Conclusion

Although the percentage of older inhabitants may not drive up healthcare expenditure per se at the moment, it is nevertheless true that the major health expenditure is on those who are older." Selected nations ranked by percentage of the population aged 65 and over, compared with the percentage of the gross national product spent on healthcare. (Butler, RN. Population aging and health. Brit Med J 1997; 315: 1082-1084) The European Union (EU) has even warned that retirement ages in Europe may have to rise if public finances are to cope with pensions provision and that tougher budget policies may be needed, this is all due to the aging population. It warns that pensions expenditure for rapidly aging populations could lead to an increase in pensions expenditure of 3-5% of gross domestic product (GDP) in most member countries. It also says countries could also see an average 3 percent increase in health care expenditure to cater for the aging population. ...read more.

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A lot of data and some interpretation of this data. This answer would benefit from careful choice of figures and deeper analysis of these figures.
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Marked by teacher Molly Reynolds 20/08/2013

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