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Show The Salt Lake Tribune WORLD All Sunday April 7.2002 As World Grays, Economic Crisis Looms Senior boom poses host of problems; UN.plansto act arrangements, housing and leveicpingworld, the pace» of agingis faster than in developed countries, giving the ‘THE ASSOCIATEDPRESS MADRID, Spain — The pre- dictions are almost cataclysmic:in 50 years, if trends continue, one of every three people will be older than 60. Those 2 billion seniors would outmumber the world’s youths. Even before that, gains in longevity could bring a worldwide economic crisis, experts warn. With the population's proportion of taxpaying workers shrinking, national budgets could be overwhelmed in trying to provide retirement and health benefits for the elderly. “By the mid-2020s, virtually the entire developed world will be one big Argentina unless some serious reforms are made,” said Paul Hewitt ofthe death matters such as eutha grams have lowered medications for constipation, call 532-4526 on already A projected drop in the ratio of working-age people to retir- international organizations begin a five-day United Nations conference in Madrid to grapple with the challenges posed cial Security costs as they do now, the Center for Strategic and International Studiessays. by the graying of humanity. borrowheavily for retirement payments and baby boomers will be cashing in savings — reducing the capital available | dle-to-grave state remainsfierce. welfare Fy £801264-WOOD caatinn NEW LOCATION! 9:00 am, - 4:00 p.m., Mondaythrough’ Friday struggling families This will particularly be'the m& rope, Where faith in FACTORY DIRECT SALES 0 THE PUBLIC Paymentfor participationup to $100 means to provide for elderly it that ‘thes own bene WOOD FLOORWAREHOUSE and are not currently taking prescription birth olderfaster than societies can cope, the United Nations says. With limited governmental fall family composition and living If you are suffering from constipation rates, populations are getting national Studies in Washing . health care, To qualify you mustbe 18 or older. nasia. Oneof the key issues is aging in developing countries. Nowthat family planning pro- anced. ve to car SAVE 10% Volunteers with constipation are needed to participate in an investigational drug research study. issues: retirementageflexibili ty, living with dependency, elderly benefits, technology and the aging process and report's author, uv CONSTIPATION agree on an action plan for addressing host of aging-related woes the South American country has suffered in recent months. So, on Monday, representatives from 160 countries and sions,taxation. didi fits, but Vienna, Austria — wiil try to care, the burden is expected to The United Nations says older populations will significantly change patterns of “savings, investment and consumption, labor markets, pen- siderably and switch to pen t are market ais ee = 7 the traditional scourges of pov erty and disease. Delegates at the Second World Assembly on Aging — the first was 20 years ago in Center for Strategic and Inter. ton, referring to the economic based and employ “We're gome to wince baby boon par Minister Ryutaro poorest societies less time to cope. The ramifications could be serious as the elderly be come an additional burden to BYJEROME SOCGLOVSKY mum ages for retirement con the centerfor the report The panel, which included former Vice President Walter the isis is going to be a ter. political probiem. 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