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CPS2157 Ezatul Nisha Abdul Rahman et al.



                           Malaysia’s silver tsunami: Preparing for the
                                   impacts of population ageing
              Ezatul Nisha Abdul Rahman, Noor Faadlilah Ismail, Wan Hazlin Ezrina Wan
                                 Hamat, Filisa Mama, Addri Rahman
                 Population and Demographics Statistics Division, Department of Statistics Malaysia

            Abstract
            Malaysia  is  facing  a  Silver  Tsunami  in  which  is  the  population  is  ageing.
            Population  ageing  can  be  defined  as  the  demographic  transition  due  to
            decreasing birth rate and death rate as the country moves away from the pre-
            industrial/agricultural-based economy to an industrial economic system. This
            phenomenon is caused by lower birth rate and decreasing total fertility rate as
            well as increasing life expectancy. This paper involves the existing statistical
            data obtained from the Department of Statistics Malaysia (DOSM), UN (United
            Nations) and other related agencies. Based on Malaysia Population Projection,
            Malaysia  will  become  an  ageing  state  in  2030,  of  which  15.3%  of  the
            population is 60 years and above. As a result, changes would occur in the social
            structure and increasing need for long-term healthcare. The paper ends with
            a short summary and a reflection on the need for further study.

            Keywords
            Demographic transition, Population pyramid, ageing, life expectancy, fertility

            1.  Introduction
                As a developing nation, Malaysia moving away from an agricultural based
            economy  to  an  industrial  economic  system  and  transiting  into  an  ageing
            population  faster  than  expected  (Samad  &  Mansor,  2017).  The  global
            population aged for those above 60 years old was estimated to 962 million
            which is more than twice bigger as in 1980 with 382 million older persons
            worldwide.  In  addition,  by  2050,  the  global  population  is  projected  to  be
            doubled again to reach nearly 2.1 billion, comprising 13 per cent (13%). The
            global trends of the number of older persons aged above 80 years old are
            projected to increase more than threefold between 2017 and 2050 in which
            rising from 137 million to 425 million (United Nations, 2017).
                Develop nation such as the USA, Japan, Australia and Singapore also will
            be  experiencing  such  phenomenon  and  early  preparation  had  been
            undertaken to cater the phenomenon (Anderson & Hussey 2000). A country
            such as  Australia  now starting to recognised foreign talent and encourage
            them to migrate under the skills shortage programme (Department of Home
            Affairs, Australia, 2019).


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