Jose A. Vidal
Published in

Jose A. Vidal

Heisenberg and the silver economy

Data deletes any kind of doubt: population is getting older and population pyramid is going down. The fertility rates are reducing their numbers- less than two kids per woman in the world- and following UN expectations, life expectancy will be 77, when 72 is at global level right now. This situation will take influence at social and economic level globally, but also in Spain, one of the countries with one of the lowest fertility rates. According to some estimates in Mediterranean countries, like Spain and Italy, it is expected that population older than 65 will represent 46% over the total in 2050, same scenario in other developing countries.

Here is where silver economy appears, which studies social- economic effects and opportunities due to this aging population effect: applied to workers, productivity, longer active-life in Companies and aging population in COVID society. It is estimated that workers will extend their working lives, therefore late retirements.

The cost of maintaining older population based on pension plans or healthcare systems at public level, is going to be too expensive for governments. Nevertheless, silver economy entails challenges and opportunities, generating value at economic and social level due to commercial (and not commercial) activities of productivity, creating new professions, intergeneration social capital, knowledge transference and economic dynamic due to accumulative savings.

Heinsenberg´s uncertainty principle is based on how this measuring act can take influence in this measured system. In this sense, if one society measures advances thinking about silver economy, this society will be more focused on this kind of economy and its drivers. These revenues can be included in policy changes and organizing initiatives which affect society in a positive way at all levels

Therefore, it´s mandatory to provide a rigorous methodology to measure progress in silver economy and success of a nation in meeting economic and social citizens´ needs in a context of aging population.

Source: Spanish version

EDUCATIONAL PILLS:

Medical Affair International Master. Program which is part of Educational offer by Biotech and Pharma School lead by Professor Cesar Nombela. Information.

Advanced Management Program. IE Business School. Educational executive programs. Information.

READING PILLS:

Report: The silver economy. Final report. Publicaciones de la EU.

Healthcare providers are digitally transforming to improve quality of care. Vala Asfhar. ZD Net.

(ES) Corporate & StartUps: Atresmedia lanza su estrategia de inversión en ‘startups’ de la ‘silver economy’. Cinco Días.

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Report: GPs to prescribe walking and cycling in bid to ease burden on NHS. The Guardian.

Report: Three imperatives for R&D in biosimilars. Mc Kinsey & Company.

STARTUP PILLS:

Oportunidades de inversión. Capital Cell.

EVENT PILLS:

(ES) ¿Cómo invertir en salud y biotech? Capital Cell. September, 22. 2022.

PhD Advanced Course: Advanced Research Methods in Health and Pharmacy Practice. Facultade de Farmacia. Universidad de Lisboa. September, 26. 2022.

Webinar: Registration for the Cancer Prevention and Healthy People 2030 Webinar Is Now Open. US Office of Disease Prevention and Health Promotion. September, 16. 2022.

Understanding Pharma Market Access & Payers in Europe with Nick Proctor
6 October 2022, live online | 8 December 2022, live online. Programme Outline

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