Preparing the Population for an Aging Society in Thailand
Due to the increasing trend of growing numbers of elderly citizens in Thailand and the problems arising from the elderly not being adequately prepared, the restructuring of the foundations of governmental schemes to equip “soon to be elderly” generations is very important.
Thailand’s population structure has changed to that of an “aging society” since 2005 and is expected to become an “aged society” (i.e., an aging rate over 14%) by 2021. With an aging population at present of 13 million, or 20% of the total population, this situation is already leading to problems in terms of economic, health, and social issues, so it is a challenge for the country to be prepared to cope with quality aging. Thailand, as most other medium-high developed countries around the world, must prepare in three areas: finances, health, and society. Financial preparation requires the creation of income guarantees, i.e., savings during the...
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