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Ageing Population Could Boost Economy

Older people are a benefit, rather than a burden, to the economy and society according to a new report from the UCL School of Pharmacy.

The report, Active Ageing: Live Longer and Prosper (produced with financial support from Alliance Boots) refutes the view that older people are a major source of economic problems such as reduced international competitiveness. It provides evidence that the benefits of living longer will outweigh the additional health and social care costs of population ageing.

“All too often old age is seen as a time of increasing dependency, vulnerability and frailty. But older people already contribute significantly to their families’ and wider communities’ wellbeing,” said Dr Jennifer Gill (UCL School of Pharmacy), co-author of the report. (more…)

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