Population ageing is assumed to have a detrimental effect on the economy’s growth. This topic is interesting because it helps understand the slower labor force growth affecting the economies in different ways. Aging is a universal trait observed across the spectrum evolution. Studying the aging population will enable the audience to understand how a high proportion of older people lead to a decline in the overall savings rate (Howdon and Rice, 2018 p.63). Understanding how an aging population and what type of economic measures have they taken to determine the failure and success of the business? This topic will allow me to evaluate fewer primary mechanisms relating to aging and economic growth.
Question and answers from the topic
The specific questions for this research topic are how does the aging population affect economic growth? What kind of measures has the government taken to determine the success and the failure of the business caused by the aging population? What are some of the factors that affect the aging population? How do government and aging population meet in the country, and how do the interactions connect to the global economy? The government climate should be stable to change as per the market changes and demands to help safeguard the business interest essential in stabilizing and growing the economy. If the government climate is not stable and suitable for the aging population, there can be a loss of internal business, and the investment is indirectly affected (Nguyen, 2018). Considering the effects of an aging population on the growth of the economy and the contribution that has been published on the matter, it seems timely to take a comprehensive and objective account of this stream. A good government promoting a particular company may increase revenues for organizations and players within the sector.
Moreover, some factors that affect the aging population are taxation, stability, and foreign policies. When the country’s governments are not stable and keep on changing frequently, it will cause the country never to be economically sound (Vasylieva et al., 2018). The business sectors have a vicious circle since the GDP stock exchange has gone down due to the aging population. However, the taxation regime is essential since the government is balanced in their budget and tax, which helps them motivate companies to be more productive and grow. The government policies on the aging population have a more significant impact on the international company market. The rate of tax decided by the government has impacted the organizations in different ways. A volume highlights the intimate environmental connections of activism, infrastructure energy, and illicit commodity trading with the political economies (Alola et al., 2019 p.705). The aging population directly risks organizations and industries, but it is also a component of other external risks. The regular changes have promoted or inhibited the market’s potential and competition. The social risk has the population base and response, and the mismanagement of resources by the population has turned natural events into catastrophe. For a multinational company, the aging risk emanating from environmental organizations refers to the host risk of the country making the political decision that will prove to have a diverse effect on the profits and goals of multinational. Actions of politics can range from very detrimental to those of more financial nature, such as creating laws that deny movement of capital.
Theory
Over the past few years, there has been intensified environmental activism worldwide that focused on the ecological issues affecting livelihoods and public health. The intrusive state security limited the information, stifled a civil society, and expanded educational opportunities, expanding cities and developing means of communication that have enabled environmental activism (Hashmi and Alam, 2019 p.1108). The aging population’s influence on business is a risk emanating from the measure of the likelihood that the events of the population may complicate the earning pursuit through a direct impact. The most appealing question with the most excellent answer is; how do government and aging populations meet in the country, and how do the interactions connect to the global economy. Power is conceptualized as a social relationship built on the asymmetrical distribution of resources and risk locating authority in the connectivity among the process that consists of people, resources, and places. Some governments have balanced their foreign investment, leading to the inflow of domestic players. Therefore, the aging population is found in the mechanism and practices articulated by such powers.
Data
This research topic will require a study on manufacturing companies experiencing the impact aging population. A total of 30 companies will be identified. The necessary data will be taken as the source of information in the stock exchange and world development indicators. Population aging will be measured as the economic degree of stability and the violence absence, while the company’s profitability will measure business performance from five years. The data generated from this study will be analyzed using the three regression models computed worth the aid of a static package for social science.
Empirical Strategy
Step one to do the research study is defining the research purpose. The purpose of the research is to understand how the aging population has impacted business performance and economic growth and what measures the government has taken to determine the success and the failure of the business caused by the aging population. Step two is supporting theories and literature and defining the two approaches of my study, activism, and realism, and relating them to the research topic. Third, create measurements and hypotheses for my research study, quote the research questions, and answer them with the conducted research. Fourth is the methodology, research design, and data collection. In this step, I will identify the collection methods, such as questioners and interviewing the company’s managers. Then finally are the data analysis and the result of the data collected. I will analyze my data findings and answer the topic questions in this step.
Bibliography
Alola, A.A., Bekun, F.V. and Sarkodie, S.A., 2019. The dynamic impact of trade policy, economic growth, fertility rate, renewable and non-renewable energy consumption on the ecological footprint in Europe. Science of the Total Environment, 685, pp.702-709.
Hashmi, R. and Alam, K., 2019. Dynamic relationship among environmental regulation, innovation, CO2 emissions, population, and economic growth in OECD countries: A panel investigation. Journal of cleaner production, 231, pp.1100-1109.
Howdon, D. and Rice, N., 2018. Health care expenditures, age, proximity to death and morbidity: Implications for an aging population. Journal of health economics, 57, pp.60-74.
Nguyen, H.M., 2018. The relationship between urbanization and economic growth: An empirical study on ASEAN countries. International Journal of Social Economics.
Vasylieva, T.A., Lieonov, S.V., Liulov, O.V. and Kyrychenko, K.I., 2018. Macroeconomic stability and its impact on the economic growth of the country.
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