Germany vs Singapore by Andrew Baey
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Transcript of Germany vs Singapore by Andrew Baey
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Germany VSGermany VSSin a oreSingaporeA comparison in their management ofageing population
Andrew Baey 4.10
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IntroductionPopulation ageing is
defined as:Rise in median age
Rise in portion of elderly
Singapore and Germanyhave the above
Germany has negativepopulation growth rate
Singapores low growthrate boosted by
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HypothesisGermanys population growth has declined
sharply over the past decade.
Singapore experiences similar problems to alesser extent.
I hypothesize that the Singapore has moresuccessfully managed its economic and socialchallenges of an ageing population thanGermany
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Causes of Ageing
Modernization
Increased availability of:Medicine
Sanitation
Education (esp. of women)
Modern contraceptives
Changes in lifestyleChanges in culture
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he major
Social Stereotypes:Mother nurture children at home
Father earn money for family
Thus, difficult to find childcare
Productivity-dependent pension systemFinancial Instability due to impending reforms
Lack of responsiveness of community
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Measures TakenAgenda 2010 attempts to
convert the pension systeminto a multi-pillar systemrelying less on thepopulation
Special visas may beprovided to skilled workersfrom developing nations
An example would bescholarships given to
Palestinian IT expertsRetiring Germans
encouraged to continueworking
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he Ageing Population in
The population of Singapore hasbeen ageing since the late 1990sRapid ModernizationResponsiveness of citizens to
government programs in pastFamily Planning and Population
Board, (1966)Abortion and voluntary sterilization
were legalized in 1970Population disincentives (e.g. no
maternal leave, more hospital fees,etc.)
Stop at Two campaign
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Measures TakenAdapt to increasing elderlyElderly-friendly transport
Negative income tax favoring old workers
Reducing burden of elderlyRaising retirement age (extended employment)
Live healthy lifestyles
Cash incentives for familiesVarious benefits such as housing priority
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ComparisonGermany faces greater challenge in many
areas
Singapores pension system is different thanthat of Germany (Self-reliant)
Germany faces greater challenge ofpersuading community
Germany is thus less prepared for ageingdemographic
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ConclusionHypothesis can be corroborated by research
However, note that problem in Germany isamplified by various factors
Germanys ageing demographic more severethan Singapore
Singapore has discernibly managed its ageing
population, while Germany still undergoingpreparations.
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The EndThe
End
FinishDone
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