Friday, December 13, 2024

The Silver Economy: 65 is the New 54

Growing young as you get old. Is it possible?

Everyone above the age of 50 belongs to Silver Economy. The silver economy is a concept that describes the economic opportunities that arise from an aging population. It includes all those economic activities, products and services designed to meet the needs of people over 50.

Geographically, the silver economy will move from the OECD economies to Asia, according to this article.

The chart below shows the top 10 silver economy market in 2030, dominated by the USA and China.








Source: Katharina Fenz










Source: Pinterest

-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Economics of Natural Disasters

Global economic damage from natural disasters, differentiated by disaster category and measured in US$ per year. Data are sourced from OurWo...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...