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Ageing and the media February 25 th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The Economist Hong Kong @s1moncox

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Page 1: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

Ageing and the media

February 25th 2019

Simon J. Cox

Emerging Markets Editor /

Senior Economics Writer

The Economist

Hong Kong

@s1moncox

Page 2: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

Nigel Farage, Mr Brexit

Page 3: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

Keanu Reeves

Page 4: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The
Page 5: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

1999

Page 6: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

2006

Page 7: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

2010

Page 8: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

2011

Page 9: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The
Page 10: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

2010

Page 11: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The
Page 12: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

• How much of their output must the working-age generation surrender to the

elderly to equalise the distribution of goods and services?

Thailand 2020 2050

Dependency ratio 18.2 50.0

Support ratio 5.5 2

Sacrifice ratio* 15 33

Page 13: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

Elderly / Working-age

Elderly / (Working-age + Elderly)

Page 14: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

32

25

20

18

15 15

42

35

27

40

33

31

0

5

10

15

20

25

30

35

40

45

Japan Germany USA SouthKorea

Thailand China

%

2020

2050

Sacrifice ratio What % of their output must the working-age generation surrender to the elderly to

equalise the distribution of goods?

Page 15: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The
Page 16: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The
Page 17: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The
Page 18: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

2014

Page 19: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

Pre-tiree

The Geriactives

Generation Zzzz

Jaggernaut

Page 20: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

“The English-speaking world thinks of “retirement”,

as “withdrawal to a place of seclusion”...

But not all nations share such etymology…

[The] Spaniards call it jubilación.”

-TRISTAN JONES

Chicago

Page 21: Ageing and the media February 25th 2019 - United Nations · 2019-03-15 · Ageing and the media February 25th 2019 Simon J. Cox Emerging Markets Editor / Senior Economics Writer The

Thanks!