What is the Origin of Economic Impact of Longevity?

This concept is a contemporary development in economics and public policy, driven by advances in geroscience and the demographic shift toward aging populations worldwide. Longevity is derived from the Latin longaevitas, meaning long life, and its economic impact is the measure of its financial effect.

What is the Mechanism of Economic Impact of Longevity?

Physiologically, the mechanism hinges on extending the period of healthspan, where individuals remain productive and metabolically robust, thereby reducing the burden of chronic disease. This reduction in disease prevalence lowers healthcare expenditures and increases the duration of active human capital contribution, shifting the economic model from managing sickness to investing in wellness.

Economic Impact of Longevity ∞ Area

Economic Impact of Longevity

Meaning

The Economic Impact of Longevity describes the broad financial, societal, and market consequences resulting from a significant increase in average human healthspan and lifespan. This impact includes changes to healthcare costs, pension systems, workforce participation rates, and the emergence of new longevity-focused industries. It is a macroeconomic concept fundamentally linked to human biological performance.