EP24 Challenges of Aging Society
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"First on air 14 August 2021"

United Nations defines an aging society as the situation when a country sees its population of those aged 60 years or over accounts for more than 10 percent of its overall population. Thailand has already passed this milestone and become an aging society since 2007. The National Statistical Office of Thailand has estimated that the country’s elderly population will reach 20 percent and Thailand will become an aged society by the end of 2021. It is further projected that Thailand will eventually become a super aged society within 10 years from now, as the ratio of aged population will constitute the 28 percent benchmark in 2031. In contrast to the rapidly rising number of old-age people, Thailand’s birthrate is in decline, worsening the aging society situation. Lower birthrate means fewer newborns, which result in shrinking workforce in the longer run. World Bank has cautioned that the declining workforce will cause a decrease in the growth of income per capita and lead to long-term economic downturn. Discussing the challenges and projects to assist the elderlies in Thailand is Prof. Dr. Vipan Prachuabmoh, dean of College of Population Studies, Chulalongkorn University, who is also head of Chulalongkorn University Platform for Aging Research Innovation, or Chula Ari.