Time of event
Because of increased longevity and decreased fertility rates, rapid aging has put Asia at the forefront of one of the most important global demographic trends and development challenges. In 2012, 11% of the population in Asia was aged 60 years or above, and by 2050 this is expected to increase to 24% (around 1.26 billion people). The transition is happening at an unprecedented pace and at a time when traditional family support systems are weakening as a result of multiple factors, such as increasing migration and expanding female labor market participation.
Establishing and financing alternatives to the traditional care of the elderly is a growing need. In several of ADB’s developing member countries (DMCs) that have rapidly aging populations (e.g., the People’s Republic of China, Sri Lanka, Thailand, and Viet Nam), the demographic transitions are happening before the growth of per capita income and before social protection systems can provide sufficient support and help to avoid increasing the vulnerability (i.e., to income, health, and support issues) of the elderly. Other DMCs, such as the Philippines, are not aging as rapidly but will be impacted by regional labor mobility policies, which can provide job opportunities for skilled caregivers in this rapidly expanding field.
Elderly care is not just an individual or family issue, but one that must also be addressed by communities, the private sector, nongovernment organizations, and governments. Many DMCs are developing elderly care policies and services in a piecemeal manner, often in response to immediate political or financial constraints, rather than building sustainable integrated (social and health care) systems. The future of elderly care demands better planning, more financing, more and better qualified human resources, and, above all, higher expectations that the final years of life must have as much meaning, purpose, and wellbeing as possible.
The elderly care policies and planning and investment strategies of DMCs can benefit from the experience of Japan. Japan, like other Asian countries, is experiencing rapid aging of its population, but is far ahead of other countries in the demographic trends and in responding to these trends.
The proposed event aims to share knowledge and experiences, including successes and challenges, among Japan and ADB’s DMCs on how to prepare for and adapt to an aging society.
ADBI’s partner for this event is the ADB’s Social Development Thematic Group (SDTG). SDTG has an ongoing program on aging societies, including technical assistance funded by the Japan Fund for Poverty Reduction. Studies funded by this technical assistance will serve as a basis and starting point for discussions at the event.
- Strengthen capacity of DMCs to better plan, design, implement and monitor policies and programs for elderly care services
- Help ADB’s DMCs acquire knowledge and better understanding of the system in Japan and global good practices in the development of strategic plans, long-term care (LTC), and methodologies
- Highlight the economic and social development case for investing in elderly care services
20 government officials from Bangladesh, India, Indonesia, Mongolia, Myanmar, Nepal, Pakistan, Sri Lanka, Thailand, Timor Leste, Tonga, and Viet Nam
- Improved knowledge base on aging and LTC
- Strengthened capacity to adapt to emerging demographic trends and develop effective multisectoral responses, LTC systems, and services
- Increased capacity of DMCs to develop policies and plans for elderly care services
How to register
By invitation only
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