How will societies cope with the rising numbers of older persons and ensure their welfare in the future? How are the pandemic, technological changes, and globalisation affecting the societal compact in ageing societies? How might smaller cohorts of younger persons generate the output required to help support the post-retirement needs of the elderly?  How do we ensure that the retirees’ post-retirement needs are financially supported, in the face of a shrinking tax base of younger working age persons?

In this podcast, Christopher Gee, Senior Research Fellow and Head of Governance & Economy at the Institute of Policy Studies at NUS and Dr Zeewan Lee, Assistant Professor at the Lee Kuan Yew School of Public Policy discuss the implications of rapid societal ageing on economic productivity and the welfare of the different generations and genders, and the policy options available to address these challenges.