Growing old in an older Brazil: Implications of population aging on growth, poverty, public finance and service delivery

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Document

Content Type:

															Growing old in an older Brazil: Implications of population aging on growth, poverty, public finance and service delivery
													

Language:

English

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english

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skpEng

Sources:

Information is gathered from other international organizations that promote skills development and the transition from education and training to work. The Interagency Group on Technical and Vocational Education and Training (IAG-TVET) was established in 2009 to share research findings, coordinate joint research endeavours, and improve collaboration among organizations working at the international and national levels.

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skpIntOrg

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international-organizations

Topics:

Older workers

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Access for all to good quality education, vocational training and workplace learning is a fundamental principle of social cohesion and economic growth. Some groups of people may require targeted attention if they are to benefit from education, training and employment opportunities.

This is particularly the case for disadvantaged youth, lower skilled workers, people with disabilities, and people in rural communities. The attractiveness of vocational education and training is enhanced when combined with entrepreneurship training and when public policies encourage utilization of higher skills by business.

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skpOldwor

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older-workers

Knowledge Products:

Research papers

Working papers, reports, and other publications from international organizations, academic institutions and bilateral agencies. Research findings to stimulate informed debate on skills, employment and productivity issues.

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skpRPS

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research-papers

Publication Date:

03 Apr 2013

Open

wcmstest4_037028.pdf

The report addresses population aging in Brazil and its implications for the labor market. Chapter 5, Productivity and Education, focuses on issues related to the age-productivity profile, opportunities to improve education and training investments, and the wage-productivity gap. It finds that the consequences of population aging are that (1) the working-age population is becoming smaller and (2) the share of the most productive individuals within the labor force is also becoming smaller. Hence, if overall production output is to be maintained, some measures or interventions are needed to increase labor force participation and productivity.
The chapter discusses (1) the effect of age on labor force productivity and consequently on productivity growth; (2) how improvements in education and on-the-job training could reverse the trend of declining age-productivity effects, with a description of Brazil’s efforts in these areas; (3) how differences between age-productivity and age-wage profiles could damage the firms’ competitiveness; and (4) evidence of the effect of the aging labor force on firms’ productivity among Brazilian industrial firms.

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