Discuss the positive and negative aspects of an ageing population,with Essay

Discuss the positive and negative aspects of an maturation universe,with particular reference to your country - screen ExampleSaudi-Arabian Arabia is undoubtedly the largest oil producer in the world and the biggest company in the ticker East.It performs fairly well in otherwise economic areas for instance, its tourism sector flourishes with millions of tourists flocking some of its resorts for vacation and pee sports especially due to the clear waters of the red sea. Their real Estate and construction sector is winsome as renting is becoming fairly rampant the country owns gold mines in the South along the red sea and Bauxite and Phosphate in the North (Oxford Business Group 170). All the same its government activitys major priority is to diversify its economy as it is currently heavily dependent on oil and gas.An ageing population consists of those 60 geezerhood and above.The huge gap between supply and quest initially in Saudi Arabia could be explained by the towering po pulation growth that took place in the country in fact, it was at the time ranked to have a 46% higher behave rate than the worlds usual average population growth. This high population in Saudi Arabia was represented by an extremely young population it is estimated that 70 % of its population were less than 30 years with 45% of this given bracket being under 15 years (Oxford Business Group 138). This translated into somewhat 30% of the older population quite a small number Initially between 2000 and 2005 the ageing population of 60 years and above declined in most Arab countries, Saudi Arabia Included due to the high birth rate.However, recently there was a huge shift in events when in Saudi Arabia and other oil exporting countries such as United Arab Emirates such that the fertility and birth rate greatly declined resulting in an increase in the number of the ageing population (Gopal and Tikhvinsky 104).it is now estimated that by 2045, 15 % of the population will be aged as from 60 years and above due to the decline