Ageing, health status, and economic activity in Scotland : a twenty year view
Millar, Robyn and Burns, Harry and Morton, Alec (2015) Ageing, health status, and economic activity in Scotland : a twenty year view. Fraser of Allander Economic Commentary, 39 (1). pp. 72-84. ISSN 2046-5378
Preview |
Text.
Filename: FEC_39_1_2015_MillarRBurnsHMortonA.pdf
Final Published Version Download (775kB)| Preview |
Abstract
Countries worldwide face the economic and public expenditure challenges of an ageing population. However, ageing per se is but one part of the challenge. The forecast for Scotland’s population health and labour market status will further impact on the scale of required public spending – in health and social protection - as well as on the base of those who are economically active and capable of bearing the scale of such expenditure (by way of taxation). This analysis points to the value on the public expenditure side of early health, education and social protection interventions to reduce future forecast expenditure in health and social protection. On the revenue raising side, it points to the need to expand Scotland’s future effective working age population by way of reducing those considered NEET, expanding female and post age 65/67 labour market participation, and of attracting new working age migrants to Scotland.
ORCID iDs
Millar, Robyn ORCID: https://orcid.org/0000-0002-4152-3380, Burns, Harry and Morton, Alec ORCID: https://orcid.org/0000-0003-3803-8517;-
-
Item type: Article ID code: 53546 Dates: DateEvent26 June 2015PublishedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Management Science Depositing user: Pure Administrator Date deposited: 30 Jun 2015 10:07 Last modified: 11 Nov 2024 11:08 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/53546