Elderly have a role
The Sept 7 news report on the need for urgent measures to ease challenges posed by an ageing society identifies a number of important issues concerning the implications for the Thai economy.
However, the report is incomplete in that it only emphasises negative aspects of the growing number of the elderly. No mention is made of the changing characteristics of the future elderly or of the important indirect contributions they make to the family and societal economy.
The number of years that older Thais live in decent health has been steadily increasing and will likely continue to do so. Also, their levels of education will steadily increase as those entering old age in the future will have increased levels of schooling. Both of these changes bolster the recommendations to raise the retirement age.
Assuming that the elderly who no longer work is equivalent to being dependent is quite misleading. Many provide day care or even custodial care for grandchildren. This facilitates the parents’ ability to work locally or as migrants. In addition, older people typically own their home and provide housing for co-resident family members. They also help to take care of the household, freeing time for younger adults who live with them to be economically productive. On occasions when their adult children need significant financial help they often provide it.
In brief, it is important to recognise the mutual interdependence between the non-working older population and the younger working population when addressing the challenges of an ageing population. Older people are not just a burden but a resource as well.
John Knodel