Longevity, Well-being and Quality of Life in Thailand Compared to the OECD in the Transition to an Aged Society
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Abstract
The growing elderly population and increased life expectancy have led many countries to adjust retirement age policies. However, Thailand has not revised its retirement policies for over 50 years, despite significant demographic changes. Understanding elderly health is crucial for revising retirement policies, as healthier older adults can work longer, reducing public resource burdens and improving well-being.
This study aims to compare life expectancy, healthy life expectancy, and years lived in poor health among older adults in Thailand and in countries within the Organisation for Economic Co-operation and Development (OECD). It also analyses the relationship between demographic, economic, and social factors and the healthy life expectancy of older adults. Using secondary data and demographic analysis, this study estimates life expectancy, healthy life expectancy, and years lived in poor health for the population aged 55–95. These estimates are further examined through regression analysis to explore the underlying statistical relationships.
Findings indicate that although Thailand has a shorter life expectancy, its elderly spend a higher proportion of life in good health. Extended retirement ages and longer working hours in OECD countries correlate with increased healthy life expectancy, suggesting similar policies could benefit Thailand. Gender disparities and socio-economic factors also influence elderly health and workforce participation. The study recommends promoting elderly labour participation, addressing gender disparities, and investing in healthcare and socio-economic infrastructure to support Thailand’s transition to a super-aged society.
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References
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