Case Analyses - the Global Baby Bust

1.) What difficulties—from retiring baby boomers in the United States to a graying China, to the massive overhang of Europe’s elderly—can private corporations, governments, and other sectors expect as the aging revolution unfolds across the globe? How will changing demographics affect workforce composition? Retirement age? Pension outlays? Taxation? Immigration? Economic growth? How can governments, corporations, and nongovernmental organizations work together to address these issues?

There are many elements affecting increases in health care costs. The proportion of old people in the US population increases and aging population can raise health care expenditures. Because, compared to younger people, older people use more health care services as they are more likely to have non-communicable diseases. Non-communicable

Medicare is not the only benefit seniors receive from their government. Taxes can be greatly affected by age. For instance, many elderly receive tax breaks and extensions based on their social security benefits as well as reductions and tax-cuts on certain holdings and investments. So with Roth IRAs, 401k the elderly is only taxed upon withdrawal. Discounts are available everywhere for the elderly from restaurants to cruise ships. Normally, with higher prices bring bigger discounts. Ageing workers are more skilled, knowledgeable, and more proficient than their younger counterparts. Often times it can be said that the “older people” are more intelligent, practical, intuitive, extremely flexible and very strategic in their work ethic, planning and can be considered “intelligent” in life’s well learned lessons that come with age and wisdom. Being positive and using an example in this way between aging and greater wisdom, one tends to have a greater degree of patience, greater understanding and wisdom that parallels life’s pathway. “Many elders in foreign countries are considered to be esteemed and held in high regard,” (Applebaum, Bardo, Robbins (2103). Some studies show that interests, motivation and skill does not decline with age, nor does a person’s work performance suffer due to aging. Aging workers also receive higher salaries due to their tenure. Finally, there is no data to show that older workers cost more to insure than younger

Transportation in the region has a long and successful past. However, public transportation has consistently taken a back seat to the personal automobile. There has been a strong core of persons who rely on public transportation to achieve mobility, and governmental

Experience working in the field of health care lends insight to the growing needs of the older adult population, and the barriers which impede our capacity to meet them. As the Baby Boomer age is approaching older adulthood, the rise for financial,

Another way the economy will suffer is through the increase need for health care and elder care. As the baby boomers get older, their need for these types of expenditures will increase as well. Consequently, this increases the national health care spending too. Another problem is that governmental entities will start to lose tax revenues that the baby boomers provided so considerably. There will also be an increase in the federal budget deficit. The government will be spending more while receiving less revenue from the baby boomers. Younger generations can expect tax increases to help cover Social Security and Medicare. Even after all of these problems, there is still the burden that the baby boomers are going to leave for the current generation and the ones to follow. This will then lead to lower average of living standards for the baby boomers, and the major assets of the baby boomers will begin to decrease in value since more people will be trying to sell their assets than people willing to buy them. Retailers will also be affected negatively by this movement. Retailers can expect to lose revenue since the baby boomers will probably not spend as much, and marketers will have a difficult time searching for more sources or creating new ideas to attract the younger generations. Although there have been efforts at correcting the problem with the graying of America, governmental reform is necessary to avoid the storm of

One of the causes for the rise in health care consumption is that fact that we are living longer. When people are living longer there is a higher cost associated with it and most of the healthcare cost is incurred towards the last few years of our life. As we get older and the aging process begins to set in and our body stops functioning like it used it. Daily activities such as getting dressed, going to the bathroom and such will be much harder to do with out the help of a family member or a caretaker. But the sad reality is most working families don’t have time to help out grandma or grandpa because they have to work two or three jobs to put food on the table and pay all the bills. So grandma and grandpa will end up in a retirement home, nursing home, or assisted living facility based on their need level. And costs for anyone of these

But, this problem continued to grow further as more and more employers and companies would try and find ways to get rid of their older employees. This would then cause men and women to lose jobs and add to the currently growing rate of unemployed citizens that the government must fund to continue living.

To begin with, all baby boomers and their kids would be reaching their old ages. An aging population, such as that, would put increased pressure on the healthcare system including an increased demand for doctors. It would also put significant pressure on the workforce population, as the dependency load will be 50 seniors for every 100 workers by

In the news, there are always talks about how Social Security and Medicare are not going to last in the near future. One of the biggest problems these two organizations are facing right now is that people are living longer. This means that more people are retiring early and few people are working, so there are fewer people contributing to the Social Security and Medicare while the number of people receiving benefits is growing. In order to save them, it’s not going to be an easy task because every proposal to find a solution will always make someone very unhappy. Increasing the age of the retired people is a solution which I really don´t like because I´ll be affected but considering we are living longer there is no other choice. Another solution

The first new certainty is “The Collapsing Birthrate in the Developed World”. Drucker discusses about how birthrates were no longer steadily increasing for populations, but were instead declining. In some parts of the developed world, the birth rate has fallen below the necessary level for population reproduction. Japan may be the most noticeable one in this declining birthrate. However, the decline in birthrate can be delayed or unnoticed due to immigration. Mexicans immigrants for example, have kept their birth rates around what they were in Mexico. Drucker then talks about how the declining birthrate would result in tremendous changes like government instability being the norm in developed countries, or the concept of retirement might dramatically

1. To what extent is a global approach to international marketing appropriate to firms in the Asia-Pacific?

There are many reasons for changes in family size over the past 100 years. Family size has been changing in all of the world’s industrial societies.

1. Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international business based in Great Britain? North America? Hong Kong?

The earlier niche segments, such as the ¡§postnatals,¡¨ no longer are being targeted separately. Also, Male users now represent an important and fast growing market for EMS products. O¡¦Donohoe believes it is important to keep the Slendertone message focused rather than having different messages for different segments of the market. We can use Product Markets Segmentation Bases to segment each target .