consequences of depenency ratio

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1)difficulty in maintaining high living standards unless available labour isn't better mobilized because -
a)labour supply will decrease;
b)part of the investment will have to be divertedfor paying pensions & other social security benefits.
2)stoppage of early retirement (example-"V.R.S.SCHEME" in India) in countries like France,Italy,Germany etc.
3)policy changes for government & private companies to retain workers beyond >50yrs. old.
4)attitude changes for both employers & employees.
5)low labour productivity.
6)hindering government's from taking macro-economic decisions.eg.-Ghana(in 1984 with 15% dependency ratio).
future:
1 out of 3 workers in G-7 nations would be >50yrs. by 2030.

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