The Research Of The Impact Of Population Aging On Sustainable Economic Develoment

Population aging is the inevitable trend of the development of socio-economic, China has stepped into the threshold of old society at the end of2000, the elderly population aged65and above accountd for6.96%of total population, what is more this trend is on the rise. A series of effects brought by aging have gradually performed out, such as labor population decline, pension burden rise, the elderly consumer demand, irrational industrial structure. Could we handle a range of aging problems smoothly will be related to the sustainability of economic development.This paper mainly studies the relation between aging population and sustainable economic development. See the country as the main research sreas, through learning the status and the future of population aging, then anlysis its impact on economic development. The aging population’s impact on economic development includes many aspects, this article mainly take social security, demography and economics thorys as basis, from five parts analysis the impact of aging population on the economic development.In the first part using china’s2000census data as basis, by which make a prediction for the aging structure among2000-2050in china. Make a analysis of the characteristics of china’s aging population and the changes of proportion of people of all sges. According to the theory of population and sustainable development, we analysised the relation between them.In the second part forstly we researched the current situation of labor supply, then combined with the prediction of2000-2050, make an assess of the future labor supply gap and the gap size. The conclution is that aging population not only affect the number of labor supply but also the quality of labor supply will be affected.In the third part using2000-2050forecast data, analysis the changes in pension burden. As the the proportion of labor in the whole population will decline, the elderly dependency ratio must rise. Pension burden will increase with the aging population, whether social spending or investment of srivices for older will continually increase in the aging process. If this burden is too heavy that will hamper the sustainsble economic development.In the forth part by introducing the concept of the standard consumption people, construct the consumption function with the population age structure. Analysis the consumption of china’s future shows that the aging of population will decrease the total consumption which is not conductive to sustainable development. The other aspect is the proportion of the elderly of the consumption appeared rising. Then building the saving model with the population age structure, conclude that the proportion of elderly population growth is not conductive to saving and investment.In the fifth part with the proportion of elderly population increasing, the older group will be the main consumer in the market, starting from the special needs of older persons, according to our social and economic capacity, through the development of older industries to ensure the elderly needs and promote sustainable economic development.Finally, on the basis of above analysis give some comments:vigorously enchance the productive efficiency, improving the social security system, develop the older industry and innovation pension model, explore the elderly power resources and so on.