Publication:
Productive Longevity: What Can Work in Low- and Middle-Income Countries?

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dc.contributor.authorJohansson de Silva, Sara
dc.contributor.authorSantos, Indhira
dc.date.accessioned2023-12-19T17:56:39Z
dc.date.available2023-12-19T17:56:39Z
dc.date.issued2023-12-19
dc.description.abstractThe world’s population is aging at dramatic speed. By 2050, most of the world’s seniors (aged 65+) will be living in what are currently low- and middle-income countries. Aging will require low- and middle-income countries to develop comprehensive policy solutions to sustain welfare levels and ensure that welfare is equitably distributed across generations and socioeconomic groups. Given higher informality and lower human capital levels in low- and middle-income countries than more advanced economies, the balance and composition of the policy package in these contexts may differ, but there will be a common need for labor market policies to increase “productive longevity”—that is, to foster higher labor force participation and productivity among mature workers. This paper presents a framework identifying market, institutional, and behavioral failures that create constraints to productive longevity, and policies that may overcome these constraints. Drawing, to the extent possible, on the experience of low- and middle-income countries, the paper reviews evidence on supply-side and demand-side interventions to improve incentives, remove barriers to work, and invest in skills, as well as policies to improve matching of mature workers in labor markets. The paper ends with a discussion of meta-lessons for low- and middle-income countries.en
dc.identifierhttp://documents.worldbank.org/curated/en/099830412112315829/IDU05b2d75e70863c04d490a5f50fbb7cafcd7f3
dc.identifier.doi10.1596/1813-9450-10636
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40759
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers; 10636
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGING
dc.subjectLABOR PRODUCTIVITY
dc.subjectEMPLOYMENT INCENTIVES LABOR SUPPLY
dc.subjectEMPLOYABLE SKILLS
dc.subjectLABOR MARKET POLICY AND AGING
dc.subjectAGING POPULATIONS AND SOCIAL PROTECTION
dc.titleProductive Longevityen
dc.title.subtitleWhat Can Work in Low- and Middle-Income Countries?en
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleProductive Longevity: What Can Work in Low- and Middle-Income Countries?
okr.date.disclosure2023-12-11
okr.date.lastmodified2023-12-13T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099830412112315829/IDU05b2d75e70863c04d490a5f50fbb7cafcd7f3
okr.guid099830412112315829
okr.identifier.docmidIDU-5b2d75e7-863c-4d49-a5f5-fbb7cafcd7f3
okr.identifier.doi10.1596/1813-9450-10636
okr.identifier.doihttp://dx.doi.org/10.1596/1813-9450-10636
okr.identifier.externaldocumentum34212676
okr.identifier.internaldocumentum34212676
okr.identifier.reportWPS10636
okr.import.id2607
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099830412112315829/pdf/IDU05b2d75e70863c04d490a5f50fbb7cafcd7f3.pdfen
okr.topicHealth, Nutrition and Population::Population Policies
okr.topicLaw and Development::Labor & Employment Law
okr.topicPoverty Reduction::Employment and Shared Growth
okr.unitHNP Global (HHNGE)
okr.unitHD - ECA Director (HECDR)
relation.isAuthorOfPublication5c6ccdf4-842b-52cf-b005-9d4358266967
relation.isAuthorOfPublication.latestForDiscovery5c6ccdf4-842b-52cf-b005-9d4358266967
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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