Financial Times Letter to the Editor

The call by Messrs Mario Draghi and Emmanuel Macron for a new growth strategy under France’s EU presidency should be guided by three principles aligned with their point about “demographic evolutions changing the structure of our societies” (Opinion, December 24). First, there should be an unalterable commitment to the “silver economy” which must be at the heart of the age demographic transformation — so that living to 100 becomes a matter of course. How and when we work, retire, learn and consume must reflect the age demographic character of European society. Second, reimagining spending on health innovation as an investment, rather than a cost, in order to change the dynamic of health in old age. From Alzheimer’s to osteoporosis, vision and hearing loss to CVD, our greater vulnerability to infections and communicable disease such as flu, shingles, pneumococcal pneumonia and Covid-19 demand innovative treatments and technologies for healthier ageing and health systems’ sustainability. Third, a complete rethinking of how we care for our parents and grandparents as they age. Elder caregiving at home will be a job creator that marries high touch and high tech, where our living rooms become our hospitals and clinics. European society in the 21st century requires more and different care of the elderly, elevating the job as a central part of healthcare provision.

Michael W Hodin
Chief Executive, Global Coalition on Ageing; Managing Partner, High Lantern Group; Fellow, Harris Manchester College, University of Oxford, UK

Source: Financial Times

Latest Developments

We keep our members and partners in touch with the most recent updates and opinions in the worldwide dialogue on population longevity and related issues.

Women, Work, Wellness, and That Aging Thing…

The OECD Forum’s virtual event Women at The Frontline of the Recovery will presciently focus attention among policymakers and the public stakeholders alike on the unique relationship between the age demographic mega-trend and the essential policies needed for OECD economies to emerge from the COVID-19 pandemic.

Headlines of the Future Podcast: Decoding Healthy Aging

How can advancements in science and medicine make it possible for individuals to enjoy greater health and activity in their later years? For health leaders and organizations such as the Global Coalition on Aging, ensuring individuals can truly shine in their "Golden Years" is a matter of revisiting education and communication strategies, advancing digital health technologies and expanding access to healthcare innovation.

Longer Lifespans Require Secure Financial Futures

As many as half of 5-year-olds in the United States can now expect to live to 100, a population that is projected to swell in the decades ahead. Longer lifespans don’t guarantee a financially secure later life, however. If anything, in the absence of significant planning, extreme longevity may make financial security harder to attain.

Financial Times Letter to the Editor

The call by Messrs Mario Draghi and Emmanuel Macron for a new growth strategy under France’s EU presidency should be guided by three principles aligned with their point about “demographic evolutions changing the structure of our societies” (Opinion, December 24).

Health Equity and Innovation Are at Risk for All of Us

The rapid development of COVID-19 vaccines illustrates what’s possible when federal policy fosters innovation with a real public-private partnership, especially for the health challenges facing America’s more than 54 million older adults. Yet, a number of drug-pricing policy proposals now jeopardize this very model, threatening to limit access to prescription drugs, compromise health equity and slow progress on urgently needed new treatments for age-related chronic conditions.