Varvara E. Popova Determinants of the Active Ageing Index

DOI: 10.38050/2078-3809-2024-16-3-113-122

Abstract

There are definitely 2 trends in the world population now: with a widespread increase in life expectancy and a drop in the birth rate, the dependency ratio of the elderly is growing. Active Ageing programs help older people, whose share in the global population is steadily growing, to stay in the labour market, to lead an independent and healthy (or healthier) life.

Active Aging Index allows you to quantify how much a country has succeeded in the field of developing Active Ageing programs. It is calculated for 28 countries and provides recommendations for the policymakers of these countries to improve conditions for Active Ageing and implement appropriate programs. The calculation method is universal and can be applied in any country. With the help of econometric analysis, this article will consider possible "keys to success" in the parameters of the Index.

Examples of his criticism will also be given. According to calculations, of the factors selected for the analysis, the "opportunity factor" of implementing programs, GDP per capita, and not the "need factors" of these programs related to the number of elderly population has the greatest impact on the Active Ageing Index.

Keywords: Active Ageing, Active Ageing Index, Demography, age structure.

JEL: J11.

For citation: Popova, V.E. (2024) Determinants of the Active Ageing Index. Scientific Research of Faculty of Economics. Electronic Journal, vol. 16, no. 3, pp. 113-122. DOI: 10.38050/2078-3809-2024-16-3-113-122.

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