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Growth prospects for the silver economy in the market segment of residential care services provided to dependent elderly people

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  • Iwański Rafał

    (Applied Gerontology and Thanatology Group, Institute of Pedagogy, University of Szczecin, ul. Ogińskiego 17, 71-431 Szczecin, Poland)

Abstract

The aim of this study is to characterise the determinants of the development of the silver economy in the field of care services provided in a residential form for dependent elderly persons in Poland. The analysis was carried out on the basis of statistical and financial background data, including those from the Ministry of Family and Social Affairs, the Ministry of Health, OECD, etc. Although the demand for care services will continue to grow in the coming years, the following barriers to the development of this segment of the silver economy can be identified: lack of employees, unattractiveness of monetary gratification, inefficient financing mechanisms, lack of public investment in the development of care facilities, and increasing costs of providing services in all forms.

Suggested Citation

  • Iwański Rafał, 2024. "Growth prospects for the silver economy in the market segment of residential care services provided to dependent elderly people," Economics and Business Review, Sciendo, vol. 10(2), pages 165-186.
    • Handle: RePEc:vrs:ecobur:v:10:y:2024:i:2:p:165-186:n:1007
    DOI: 10.18559/ebr.2024.2.1255
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    References listed on IDEAS

    as
    1. Teresa Cardoso & Mónica Oliveira & Ana Barbosa-Póvoa & Stefan Nickel, 2012. "Modeling the demand for long-term care services under uncertain information," Health Care Management Science, Springer, vol. 15(4), pages 385-412, December.
    2. Rie Fujisawa & Francesca Colombo, 2009. "The Long-Term Care Workforce: Overview and Strategies to Adapt Supply to a Growing Demand," OECD Health Working Papers 44, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economics of the elderly; silver economy; demographic trends; labour demand; welfare programme;
    All these keywords.

    JEL classification:

    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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