Aging Population

cover story The Future of Hong Kongs Popul 12 2007/Jan Hongkong Industrialist ation Ageing population and reduced parenthood rates mean Hong Kong faces demographic challenges, the Industrialist looks into these issues and how they affect Hong Kongs development in the future. H ong Kong, as a small developed e c o n o m y, j o i n s m a n y o t h e r d eveloped economies around the world in having low birth rate and an ageing p opulation. These characteristics stem from i mproved living timberland that enables longer life as hale as an urban life style that does non necessitate offsprings to become breadwinners. Since the 1990s, the word dink has been coined i n some developed countries to describe a n ew genesis of the urban class, which is acronym for double income no kids, while t he mean is self-explanatory, the deeper i ndications often point to a chosen lifestyle of high-ticket(prenominal) consumerism over the hassle of rearing offspring. In Hong Kong however, the situation is much more(prenominal) complex.

Becoming a parent is one of the most strategic decisions in life, so naturally all relevant factors regarding how the child grows up are often carefully considered, these include the social and economic environment, financial stableness of the parents, lifestyle and prospects o f the child. Parents thus have to iron out up current needs and conditions, and extrapolate i nto the future to see whether they can hand over an adequate future for their offsprings. Subsequently many couples are delaying having children well into their late-30s or deciding not to become parents all together. In this context, an grade of pressing problems in Hong Kong are highlighted and presented to prospective parents. compare this to the average of trio children p er woman during the 1970s, the extent of the decrease is dramatic. It is not at all difficult to fathom the list of problems that confront prospective parents; the problems look... If you require to get a full essay, order it on our website: Orderessay

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