Socio-Economic Contours of Longevity Societies

DOI: 10.20542/0131-2227-2017-61-5-34-44
I. Tsapenko (,
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation



The more developed regions of the world are expected to face dramatic demographic changes in the coming decades. A sharp fall in fertility and a steady rise in life expectancy will shift the age profile of societies in the 21st century altering radically their economic and social life. Ageing populations present serious challenges of labour scarcity, deceleration in long-term economic growth, equity markets volatility, unprecedented burden on pensions and medical care systems, increasing of poverty and social inequality, etc. At the same time, the increase in healthy life expectancy, the modification of elderly peoples’ image and their role in a society bring (at least potentially) certain assets – the so-called longevity dividend. It contributes, on the one hand, to prolongation of working life and retaining of valuable productive staff in the work force, and, on the other hand, to creation of a solid and rapidly expanding demand for special goods and services designed for older people. Such changes in labour resources supply and in consumer models open a new chapter in the global North countries development, associated with formation of an emerging longevity society and promotion of a “silver economy”. Given the bleak prospects of unhealthy and passive ageing and promising opportunities of healthy and active longevity, these societies are to develop an adequate and effective policy response to these changes. Such approach should include short-term preventive and damping measures, as well as long-term strategy of package creative and responsible actions which could prepare the society and its economy for future large-scale changes. 


population ageing, demographic challenges, labour resources, social welfare, healthy and active longevity, “longevity divident”, “silver economy” 


1. Bank of America Merrill Lynch Report 2014: The Silver Dollar – Longevity Revolution. Available at: (accessed 15.10.2016).

2. Global Agenda Council on Migration. 2016. Available at: (accessed 17.11.2016).

3. Ageing in the Twenty-First Century: A Celebration and a Challenge. New York, UNFPA, 2012. 190 p.

4. World Population Prospects: the 2015. Revision. Available at: (accessed 15.11.2016).

5. Vishnevskii A. Vremya demograficheskikh peremen [Time for Demographic Changes]. Moscow, Publishing House of the HSE, 2015. 517 p.

6. Gordon R. The Demise of U. S. Economic Growth: Restatement, Rebuttal, and Reflections. NBER WP, 2014, no. 19895. 41 p.

7. Global Growth: Can Productivity Save the Day in an Aging World? McKinsey Global Institute, 2015. 136 p. Available at: (accessed 20.12.2016).

8. Leis M., Gijsbers G. Active and Healthy Ageing – A Long-term View up to 2050. Brussels, European Foresight Platform, 2011. 70 .

9. The Economic Consequences of Population Aging. Report on a Technical Policy Seminar. National Transfer Accounts Bulletin, 2011, no. 3, pp. 1-16.

10. Pensions at a Glance 2015: OECD and G20 indicators. Paris, OECD, 2015. 375 p.

11. Bogetic Z. et al. Fiscal Policy Issues in the Aging Societies. MFM Discussion Paper, 2015, no. 1. Available at:; sequence=1 (accessed 12.11.2016).

12. Kluge F., Zagheni E, Loichinger E., Vogt T. The Advantages of Demographic Change after the Wave: Fewer and Older, but Healthier, Greener, and More Productive? PLoS ONE, 2014, no. 9(9): e108501 (DOI:10.1371/journal.pone.010850).

13. Global Population Ageing: Peril or Promise? Geneva, World Economic Forum, 2011. 144 p.

14. Older Workers Scoreboard, 2004, 2007 and 2014. Available at: (accessed 21.10.2016).

15. The Silver Economy as a Pathway for Growth. 2014. 15 p. Available at: (accessed 21.10.2016).

16. The 2012 Ageing Report: Economic and Budgetary Projections for the EU27 Member States (2010–2060). The European Economy, 2012, no. 2. 470 p.

17. Vlandas T. The Political Effects of Ageing on Inflation. Intereconomics: Review of European Economic Policy, 2016, no. 51 (5), pp. 266-271.

18. Göbel C., Zwick T. Are Personnel Measures Effective in Increasing Productivity of Old Workers? Labour Economics, June 2013, pp. 80-93.

19. Docquier F., Machado J., Sekkat K. Efficiency Gains from Liberalizing Labor Mobility. Scandinavian Journal of Economics, 2015, no. 2, pp. 303-346.

20. Herrmann M. The Economic Challenges of Population Aging in Emerging Markets. Modern Economy, 2014, no. 5, p. 161-173.

21. Matching Economic Migration with Labour Market Needs in Europe. OECD Policy Brief, S.l., OECDUE, September 2014. 23 .

22. Growing the European Silver Economy. European Commission Background Paper. S.l., EC, 23 February 2015. 29 p.

23. The Future of Japan: Reigniting Productivity and Growth. McKinsey Global Institute, 2015. 128 p. Available at: (accessed 16.10.2016).

24. A Window of Opportunity for Europe. McKinsey Global Institute, 2015. 54 p. Available at: (accessed 21.10.2016).

25. . . , 15.02.2011. [Kuvshinova O. Serebryanaya ekonomika [Silver Economy]. Vedomosti, 15.02.2011.

26. Human Development Report 2015. New York, UNDP, 2015. 273 p. 

Registered in system SCIENCE INDEX

For citation:
Tsapenko I. Socio-Economic Contours of Longevity Societies. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2017, vol. 61, No 5, pp. 34-44.

Comments (0)

No comments

Add comment

Current Issue
2020, vol. 64, No. 3
Topical Themes of the Issue:

  • World Economy and Energy at the Turn: Search for an Alternative Development Model
  • Stop or Deadlock? The U.S. Elites about the INF Crisis
  • Social Base and Prospects of Populism in Western Countries
  • The Crisis of the Union State of Belarus and Russia
View This Issue (2020, vol. 64, No. 3)
Send article

Dear readers!
Please note that free access to full-text issues of the Journal is being opened at our WEB-site after 6 months of the date of publications. Currently, the releases of 2015–2018 are available for free. The work on deepening the open archive of full-text issues will be continued.

Dear readers!
This is to inform the researchers of the Institute of World Economy and International Relations that electronic version of the 4-nd issue of 2019 of French magazine Politique étrangère is now available. Those who are interested, please personally address to the editorial staff of MEMO Journal (room 18-17) with an electronic media (e-mailing is not possible because of technical reasons).


In response to the challenges of our time the Editorial board continues to open new thematic rubrics:

“The Common Spaces”. The XX century was marked by the process of active development of the so-called common spaces, namely the World ocean, outer space and the Internet which, due to various reasons, were previously perceived as peripheral for the mankind and were not used at all or less intensively. Since then, the degree of their development and usage is constantly increasing. Even though the prospects of obtaining material dividends from their use are often extremely remote, the level of competition there is steadily increasing, resulting in growing inter-state conflicts’ potential.

“Silk Road and prospects of Great Eurasia”. It is planned to publish materials concerning the Chinese project of Silk Road and its impact on the socio-economic development of various countries in Eurasia and the integration processes in this mega-region.

“Africa today and tomorrow”The rubric devoted to contemporary issues of Africa which is attracting growing interest of the world's leading actors. We plan to publish the articles analyzing the status of statehood, socio-economic and political development of the countries of Black continent, as well as the integration processes between them.

“Civilization processes of modern development” is a new rubric opened by MEMO Journal in 2020. It will be devoted to the analysis of the influence of civilizational factors and inter-civilizational interactions on the political and socio-economic development of the world at whole, regions and countries.

Dear colleagues, authors and readers!

We kindly request you to turn to editor-in-chief and executive secretary directly concerning reviewing scientific publications in our journal. Only editor-in-chief takes decision on order and publication the reviews!


"World Eonomy and International Relations" announces a contest for the best joint academic publications of domestic and foreign researchers and experts in topical issues of the world economy and international relations. The winners will be selected according to the results of peer reviewing and discussion at the Editorial Board. The articles will be published in priority order.


The print version of “World Economy and International Relations” journal is distributed by advance subscription only, and is not offered for retail sale. To subscribe please address to any post office in Russia by referring to the Federal Postal Service Union Catalogue, section “ARSMI”, the journal index is 70542. The subscription may be made for the whole subscription period or starting from any nearest available month for desired number of issues.

To purchase the full-text electronic version of the journal’s issue/article please address to the WEB portal of Scientific electronic library or URL:

In journal
                     Full Archive
                     Articles by year
                     Authors by year
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |

The author’s opinions may not coincide with the position of editorial