Sri Lanka, March 5 -- With over 18% already aged 60 and above-and one in four projected to be 60 or older by 2041-the Sri Lankan population is rapidly ageing. IF harnessed effectively, the elderly population and the related Silver Economy have great potential to contribute to Sri Lanka's economy. This blog analyses the challenges and the possibilities for Sri Lanka to reap demographic dividends by unlocking the potential of the ageing population and the related Silver Economy.
Demographic Dividend and Silver Economy
Although population ageing poses challenges such as slower growth and increased fiscal pressures, healthier ageing trends offer a silver lining by boosting labour force participation, extending working lives, and enhancing pr...