Ageing, health status, and economic activity in Scotland: a twenty year view

Research output: Contribution to journalArticle

Abstract

Countries worldwide face the economic and public expenditure challenges of an ageing population. However, ageing per se is but one part of the challenge. The forecast for Scotland’s population health and labour market status will further impact on the scale of required public spending – in health and social protection - as well as on the base of those who are economically active and capable of bearing the scale of such expenditure (by way of taxation). This analysis points to the value on the public expenditure side of early health, education and social protection interventions to reduce future forecast expenditure in health and social protection. On the revenue raising side, it points to the need to expand Scotland’s future effective working age population by way of reducing those considered NEET, expanding female and post age 65/67 labour market participation, and of attracting new working age migrants to Scotland.
LanguageEnglish
Pages72-84
Number of pages13
JournalFraser of Allander Economic Commentary
Volume39
Issue number1
Publication statusPublished - 26 Jun 2015

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Health status
Social protection
Health economics
Economic activity
Scotland
Expenditure
Health
Public expenditure
Revenue
Economics
Labour market participation
Labour market
Taxation
Population health
Public spending
Migrants
Health education
Aging population

Keywords

  • Scottish economic activity
  • Fraser of Allander
  • health
  • ageing

Cite this

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abstract = "Countries worldwide face the economic and public expenditure challenges of an ageing population. However, ageing per se is but one part of the challenge. The forecast for Scotland’s population health and labour market status will further impact on the scale of required public spending – in health and social protection - as well as on the base of those who are economically active and capable of bearing the scale of such expenditure (by way of taxation). This analysis points to the value on the public expenditure side of early health, education and social protection interventions to reduce future forecast expenditure in health and social protection. On the revenue raising side, it points to the need to expand Scotland’s future effective working age population by way of reducing those considered NEET, expanding female and post age 65/67 labour market participation, and of attracting new working age migrants to Scotland.",
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Ageing, health status, and economic activity in Scotland : a twenty year view . / Millar, Robyn; Burns, Harry; Morton, Alec.

In: Fraser of Allander Economic Commentary, Vol. 39, No. 1, 26.06.2015, p. 72-84.

Research output: Contribution to journalArticle

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