Average mortality rates - Deepstash

Average mortality rates

If one assumes that old people are unproductive consumers of government benefits, then a rising OADR can be problematic. But, policymakers only focus on chronological age, while the sociological components of ageing have shifted over time.

Two factors drive average mortality rates:

  1. As countries industrialize, they have lower birth rates. Older cohorts of the population will increase in size, and the average overall mortality will rise.
  2. However, people are younger for longer, offsetting the ageing effect.

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The old-age dependency ratio (OADR)

Economic doomsayers have predicted that the ageing populations of industrial and post-industrial countries will be bad for the economy because fewer people will work and contribute to economic growth. More people will collect pensions and demand health care.

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