The view from singapore with British High Commissioner to ... - NUSS

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SwiM or Sink? cover story as early as 1998, the Government was already prompted into taking action with our ageing population issues. Today, Singapore is facing a greying population and all the challenges that come with it. Anthony Koh finds out how the crisis will hit some Singaporeans harder in their old age. It is the young who buy new gadgets, like iPhones or Android (phones), not old people like me,” said former Prime Minister Lee Kuan Yew at the recent Russia-Singapore Business Forum on the importance for countries to grow their population. Catherine Mayer who coined the term ‘amortality’ in her Time Magazine feature has, however, a different observation of old people. Amortals, as she called them, no longer conform to age-appropriateness; instead, they continue to “chase aspirations and covet new goods and services”. Today, there are more people who are above 60 than those under 15. According to the United Nations Population Division, demographic change in Asia will be the most dramatic. The population of those 65 and above in this region will tHe experience a 314 percent increase from 207 million in 2000 to 857 million in 2050. As of 2009, Japan was ranked the country with the highest percentage of population aged 60 and over. Though this group constitutes 15.2 percent in Singapore (almost half of Japan’s), our 54th position still ranked us higher than Korea, Thailand and Malaysia. A report from The Committee on Ageing Issues (CAI) revealed that one in five residents in Singapore will be 65 and above by 2030. From 2020 till then, the projected increase for this age group is 310,000 or 65 percent. Fast ageing singapore: causes and effects Developed countries become rich first before ageing; developing countries age first before becoming rich. Thus, developed countries are more likely to cope better with the challenges of caring for their old than poorer and lessdeveloped countries. It will take a tome to explain why some countries age faster than the others as demographic issues are wide-ranging. However, we can deduce the causes based on emerging trends which mostly point to declining fertility rates and increased life expectancy. The average Singaporean now lives 20 years longer than their predecessors from the 1960s. Today, male residents who are 65 can live till 82 years with women living an additional four years longer. This creates an ageing problem peculiar to women (see box on page 8). The issue then lies in the daunting task of supporting a greying population vis-à-vis our declining fertility rate. Jan-Mar 2013 THE GRADUATE 5
Page 1: THE GRADUATE JANUAry - MArch 2013 A
Page 4 and 5: It has been reported that a third o
Page 8 and 9: cover story In a survey of 6,000 re
Page 10 and 11: cover story estates. Selected 1-roo
Page 12 and 13: Special report ThE impact of leader
Page 14: Special report “Leaders should de
Page 17 and 18: “My family has been a constant fo
Page 19 and 20: “ NUSS - GeNerAl DiScUSSioN - cAN
Page 21: Carpet auction Benefits good Causes
Page 24 and 25: Club News Nuss-uTowN MeNTorship pro
Page 26 and 27: clUb news MUsic for tHe senses fUnd
Page 28 and 29: SNAPSHOTS It’s Sizzling | 7 Novem
Page 30 and 31: SNAPSHOTS Hainanese Bread and Kaya
Page 32 and 33: SNAPSHOTS NUSSU Student Leaders Rec
Page 34 and 35: SNAPSHOTS Harness the Power of Your
Page 36 and 37: Career Many of us started our jobs
Page 38 and 39: living It is normal for your feet t
Page 40 and 41: money Spring Clean a new year has a
Page 42 and 43: Travel Be transported back to medie
Page 44 and 45: Travel salzburg Salzburg is renowne
Page 46 and 47: SPortS 27th NUSS-PAUM GAMeS | 9-10
Page 48 and 49: SPortS CUAA-NUSS-PAUM INAUGUrAL GoL
Page 50 and 51: Note: KRGH and BTGH will be closed
Page 52 and 53: Café on the ridge Kent ridge Guild
Page 54 and 55: 52 THE GRADUATE Jan-Mar 2013
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February 2013 17 Ballet for Juniors
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Directory Kent Ridge Guild House Te
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