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To date, much of the existing research on global aging – population aging around the world – has focused mainly on the impacts of this demographic shift on today’s economically developed countries, bu...t not developing ones. This article aims to help close the gap in the literature by heuristically examining how unequally global aging will distribute socio-economic risks in later life between developed and developing regions of the world. Based on relevant literature and findings from administrative data drawn from OECD, the United Nations, and WHO, this article argues that the impact of global aging is dual: while population aging is a global trend, over the next decades this demographic shift will likely generate greater risks in later life predominantly for people in today’s developing region of the world. In the decade ahead the duality of global aging will likely be particularly pronounced in the following four areas: (1) contending with burden of disease in epidemiological transition; (2) declining familial resources for elderly care; (3) securing direct care workforce for long-term care; and (4) protecting financial security in retirement.show more
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