Puerto Rico Economic Pulse ©

October 2004: Seniors Shape the Future

Analysis of demographic trends in Puerto Rico

The world is aging. By 2050, the population of seniors will triple, forcing nations to reform pension plans and invest large amounts to provide adequate living standards for the elderly. PR is not an exception. Over the next 20 years, we will need to make tough decisions that will impact our economy and competitiveness, if we want to provide seniors what they need and deserve. Are we getting ready for the upcoming seniors’ explosion? Will we fulfill our social responsibility of taking care of those that built the modern PR? It is time for action. This issue reviews the demographic transition that PR and the World are experiencing. Find out how this population trend will reshape our society for the 21st century.