Page 138 - Contributed Paper Session (CPS) - Volume 4

CPS2157 Ezatul Nisha Abdul Rahman et al.
In Japan, there are declining numbers of working age population (United
Nations, 2017), to cater the shortage; Japan has been equipping its nation
powerhouse by encouraging the development of modern machinery with IT
to substitute human manual labour shortage. By going fully automation
integrating modern machinery with IT to substitute human labour in factories,
the nation could increase labour productivity and keep production level at the
market demand (Otsu & Shibayama 2016). The decreasing working age
population will end in decreasing numbers of skilled workers and lessen the
amounts of gross wages, thus reducing the number of commodities needed.
Another phenomenon in Japan is the senior citizens who own 83% of $14
trillion personal financial assets do not consume as many materials as youths
do, but just enjoy saving (Otsu & Shibayama, 2016).
Singapore is one of the most rapidly ageing countries in the world. The
proportion of Singaporeans aged 65 and above is projected to more than
double from 8% in 2005 to 20% in 2030, and by 2050, 38% of Singaporeans
will be aged 60 and above (Kwok 2006). The rapid rate of ageing in Singapore
is driven by two demographic trends, a rapidly declining in the Total Fertility
Rate (TFR) and an increasing life expectancy (Teo et al., 2006).
Malaysia will be at the stage of aged society in 2030 where elder persons
projected to be 15.3% of Malaysia’s total population. Malaysia experiences the
rapid stage of population shift in which is onlytakes for 30 years to be at staged
of aged society from an ageing society in 2010 with seven per cent of elder
persons from the total population. Compare to other countries, France taking
for 115 years to be at stages of the ageing population. Compare to other
countries, France had almost 150 years to adapt to a change from 10% to 20%
in the proportion of the population that was older than 60 years, places such
as Brazil, China and India will have slightly more than 20 years to make the
same adaptation (World Health Organization, 2016).
This rapid demographic transition will have major implications for
changing epidemiological patterns in Malaysia which impacting broader
economic development and the health workforce (Atun et.al, 2016). Hence,
the purpose of this study is to examine the impact of ageing population and
how Malaysia preparing the implication of ageing population. Furthermore,
this paper carried three objective which is first is to explore the cause of
population ageing in Malaysia. Secondly, this study examines the impact of
population ageing in economy and lastly to examine the impact of population
ageing in healthcare in Malaysia.

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