The Global Coalition on Aging is proud to contribute to Citi Global Perspectives & Solutions’ (GPS) July 2024 report, Embracing Demographic Transition: Health and Wealth in an Aging World. CEO Michael Hodin and Executive Director Melissa Mitchell authored the report’s conclusion.
Citi GPS collated perspectives from across Citi and its global network to explore how society’s extra years of life expectancy can be lived as social contributors rather than dependents. From these expert contributions, Citi finds that supporting the health and wealth of an aging population are the levers to pull if our aim is to minimize the dependence of an aging population. Citi sees four dimensions:
- Maximizing the economic contribution of older groups, including evolving labor markets in support of longer working lives.
- Supporting economic resilience in later life, through financial inclusion and incorporating longevity into financial planning.
- Preventing the onset of dependence by supporting healthy aging, including the shift to a more preventive healthcare system.
- Ensuring access to affordable healthcare for all, including boosting the supply of care work and joining up health and care systems.
Read the full report here.