At a time when global life expectancy continues to rise, fertility is falling, and countries are experiencing population decline, the World Economic Forum’s new principles of longevity economics are not only timely, they are essential. These principles are designed not only to meet the demanding needs of future situations, but also to prepare for the opportunities that present themselves through a new era of longevity and generational rebalancing. In the next society, countries and corporations will need their staff and employees to have three interrelated core competencies: monetary resilience, healthy aging. and social inclusion.
Haleh Nazeri, director of the Longevity Economy Forum, is pushing those principles. She points out in a 4-Quarter Lives podcast that there are two tactics for approaching longevity economics: one as a crisis to be managed and the other as an opportunity to be exploited. . It strongly promotes the latter. This longer life expectancy gives us the possibility to innovate in the way we’ve been running things for a century,” he says. Everything from our retirement and retirement systems to the way we work and even the way we think about our fitness and friendships. “
These roadmaps for the arrival of the “second billion” (additional number of people over 60 years of age in the world until 2050) indispensably accompany an unprecedented human rebalancing. This demographic shift demands a reassessment of how we approach aging and longevity. The principles of longevity economics provide a strategic framework that addresses key spaces such as monetary stability, health, schooling, and social connections.
Six to check your strategic redesign:
These six principles have garnered support from leading personal and public sector organizations in a variety of sectors. More than 35 establishments have joined, in addition to Mercer, Manulife, BlackRock and the European Commission. These organizations are taking concrete steps, such as designing age-sensitive workers. price proposals and the creation of cutting-edge monetary products for an aging population.
A smart complement to the WEF advisor is the 10-Point Charter recently published through the Landoy Club in France, where the country’s most sensible CEOs met to discuss lines of advisors on how to proactively incorporate and expand their advisory forces. work for more than 50 years. Academic establishments such as the Stanford Longevity Center’s New Map of Life Paintings and MIT’s AgeLab, as well as organizations such as the Global Coalition on Aging, are integrating those principles into their studies and advocacy efforts. This multisectoral technique guarantees a comprehensive strategy that addresses the facets of aging.
The longevity economy is here and reshaping our world. “Helping other people have financial resilience in their lives will require a collaborative effort from the public sector, the personal sector and civil society,” says Nazeri. “The work “It is beginning, however, it will have to be accelerated in the coming years. “
The WEF Principles of Longevity Economics provide a roadmap to address this new reality. By fostering monetary resilience, promoting healthy aging and addressing inequality, countries and companies can build a long term where a longer life means a better life.
Adapting to this new era of longevity will require rethinking systems to help all generations. By working together, we can ensure that everyone has the opportunity to live a healthy, financially secure, and functional life, no matter how long it lasts.
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