Can Mexico Survive the Aging Apocalypse?
The Mexican government faces challenges in providing adequate support for its aging population. "Precarious old age" is often the result of past economic hardships. The demographic shift poses significant economic and social challenges, requiring a comprehensive approach to address these issues.
By the time you're 60, you might imagine a golden age of relaxation and blissful retirement. But as Ana Gabriela Núñez Pérez, Director of the Center for Social Studies and Public Opinion (CESOP), vividly points out, it might not be so simple. The Mexican government, swaying between promises and policies, has recently expanded its universal pension program. Sounds great, right? Hold your applause.
As Núñez articulates, the much-needed approval of a Care System remains a glaringly unaddressed gap. Behind this lies a deeper question: Can Mexico’s social safety net stretch to cover not just the elderly but the upcoming generations as well? And with an aging population and shrinking youth labor force, are we standing on a demographic seesaw, teetering on the edge?