Managing the Challenges of an Ageing Society
Singapore has undergone a rapid demographic transition, from the high birth and death rates of the post Second World War years to our current low birth and death rates. Population policies have played and will continue to play a central role in the country's development strategies, balancing the economy's needs for workers with the management and integration of foreigners.
This research programme analyses the social and economic impact of Singapore's ageing society, ultra-low fertility, longer life and health expectancy, and migration. It examines changes to family structures, employment, entrepreneurship, productivity, savings, and investment, and their policy implications.
What are the social and policy adjustments necessary to adapt to the rapidly changing composition of Singapore's population?
How can the economy take advantage of innovation? What reforms are required to allow a smaller and older population to remain dynamic and highly productive?