A Silver Lining : Productive and Inclusive Aging for Malaysia

In 2020, Malaysia passes a crucial milestone in its demographic trajectory and becomes an aging society. Driven by a precipitous decline in fertility accompanied by a sustained rise in life expectancy, in recent years Malaysia has seen an uptick in...

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Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Kuala Lumpur 2020
Subjects:	DEMOGRAPHIC TRENDS AGED CARE POVERTY INCLUSIVE GROWTH AGING LABOR FORCE PARTICIPATION INCOME SECURITY SOCIAL INSURANCE SOCIAL ASSISTANCE LONG-TERM GROWTH MODEL
Online Access:	http://documents.worldbank.org/curated/en/287981606116408851/A-Silver-Lining-Productive-and-Inclusive-Aging-for-Malaysia http://hdl.handle.net/10986/34887

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recordtype	oai_dc
spelling	okr-10986-348872021-04-23T14:02:10Z A Silver Lining : Productive and Inclusive Aging for Malaysia World Bank DEMOGRAPHIC TRENDS AGED CARE POVERTY INCLUSIVE GROWTH AGING LABOR FORCE PARTICIPATION INCOME SECURITY SOCIAL INSURANCE SOCIAL ASSISTANCE LONG-TERM GROWTH MODEL In 2020, Malaysia passes a crucial milestone in its demographic trajectory and becomes an aging society. Driven by a precipitous decline in fertility accompanied by a sustained rise in life expectancy, in recent years Malaysia has seen an uptick in the pace of demographic change. Rapid aging will be one of the most crucial megatrends affecting Malaysia in coming decades, raising policy challenges in areas such as employment, income security, health care, and aged care. The term silver economy has been coined to encompass all sources of opportunities that arise from economic activities that serve the needs and demands of older persons. While rapid aging is crucially important and will become even more so in coming decades, through the right choice of policies, the government of Malaysia can help the country achieve productive and inclusive aging. The Coronavirus (COVID-19) pandemic has resulted in an unprecedented crisis with an enormous health and human toll, as well as exacerbated many of the policy challenges raised by aging both in the short term and more structurally. The report analyzes Malaysia’s demographic, socioeconomic and macroeconomic contexts, as well as three select key policy areas where critical knowledge gaps exist–employment, income security, and aged care. 2020-12-07T17:50:24Z 2020-12-07T17:50:24Z 2020-11-22 Report http://documents.worldbank.org/curated/en/287981606116408851/A-Silver-Lining-Productive-and-Inclusive-Aging-for-Malaysia http://hdl.handle.net/10986/34887 English The Malaysian Development Experience; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Kuala Lumpur Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Malaysia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	DEMOGRAPHIC TRENDS AGED CARE POVERTY INCLUSIVE GROWTH AGING LABOR FORCE PARTICIPATION INCOME SECURITY SOCIAL INSURANCE SOCIAL ASSISTANCE LONG-TERM GROWTH MODEL
spellingShingle	DEMOGRAPHIC TRENDS AGED CARE POVERTY INCLUSIVE GROWTH AGING LABOR FORCE PARTICIPATION INCOME SECURITY SOCIAL INSURANCE SOCIAL ASSISTANCE LONG-TERM GROWTH MODEL World Bank A Silver Lining : Productive and Inclusive Aging for Malaysia
geographic_facet	East Asia and Pacific Malaysia
relation	The Malaysian Development Experience;
description	In 2020, Malaysia passes a crucial milestone in its demographic trajectory and becomes an aging society. Driven by a precipitous decline in fertility accompanied by a sustained rise in life expectancy, in recent years Malaysia has seen an uptick in the pace of demographic change. Rapid aging will be one of the most crucial megatrends affecting Malaysia in coming decades, raising policy challenges in areas such as employment, income security, health care, and aged care. The term silver economy has been coined to encompass all sources of opportunities that arise from economic activities that serve the needs and demands of older persons. While rapid aging is crucially important and will become even more so in coming decades, through the right choice of policies, the government of Malaysia can help the country achieve productive and inclusive aging. The Coronavirus (COVID-19) pandemic has resulted in an unprecedented crisis with an enormous health and human toll, as well as exacerbated many of the policy challenges raised by aging both in the short term and more structurally. The report analyzes Malaysia’s demographic, socioeconomic and macroeconomic contexts, as well as three select key policy areas where critical knowledge gaps exist–employment, income security, and aged care.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	A Silver Lining : Productive and Inclusive Aging for Malaysia
title_short	A Silver Lining : Productive and Inclusive Aging for Malaysia
title_full	A Silver Lining : Productive and Inclusive Aging for Malaysia
title_fullStr	A Silver Lining : Productive and Inclusive Aging for Malaysia
title_full_unstemmed	A Silver Lining : Productive and Inclusive Aging for Malaysia
title_sort	silver lining : productive and inclusive aging for malaysia
publisher	World Bank, Kuala Lumpur
publishDate	2020
url	http://documents.worldbank.org/curated/en/287981606116408851/A-Silver-Lining-Productive-and-Inclusive-Aging-for-Malaysia http://hdl.handle.net/10986/34887
_version_	1764481863969144832

A Silver Lining : Productive and Inclusive Aging for Malaysia

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