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What's social economic impact of elders in Globalization in Ethiopia policy? Conclusion.reference

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Social Economic Impact of Elders in Globalization in Ethiopia: Policy Analysis

Introduction

Globalization has significant implications for various demographic groups, including the elderly population in Ethiopia. As globalization influences economic structures, social dynamics, and cultural exchanges, understanding its impact on elders is crucial for developing inclusive policies. This analysis explores the social and economic effects of globalization on Ethiopian elders, highlighting challenges and opportunities.

Social Economic Impact

  1. Economic Contribution

    • Income Generation: Elderly individuals often contribute to household income through pensions, remittances from family members abroad, and participation in local economies (e.g., small-scale farming or informal businesses).
    • Skills and Knowledge Transfer: Elders possess valuable skills and knowledge that can boost local economies. Through mentoring younger generations, they help sustain traditional practices and enhance productivity.

  2. Social Inclusion and Isolation

    • Changing Family Structures: Globalization has altered the traditional family dynamics, often leading to a shift in care responsibilities. Young family members may migrate for better opportunities, leaving older relatives behind, which can result in social isolation.
    • Community Engagement: While some elders may find opportunities in community initiatives or civil society organizations, others may struggle to adapt to rapid changes, potentially leading to marginalization.

  3. Access to Services

    • Healthcare and Welfare: Globalization can improve access to healthcare services through the introduction of foreign investment in the health sector. However, disparities in access can arise, particularly for rural elders who may not benefit equally from these services.
    • Technology and Communication: Advances in technology provide platforms for elders to access information and connect with family members abroad, but many may lack digital literacy, exacerbating the digital divide.

  4. Cultural Preservation versus Assimilation

    • Cultural Exchange: Globalization facilitates cultural exchanges, providing opportunities for elders to share their traditions and stories. However, it also poses risks of cultural dilution, as younger generations may adopt globalized practices at the expense of local traditions.

Policy Implications

  • Inclusive Policies: It is essential to create policies that address the unique needs of the elderly population in the context of globalization. This includes ensuring access to healthcare, social services, and community engagement programs.
  • Promoting Lifelong Learning: Initiatives that enhance digital literacy among elders could empower them to engage with new technologies and global networks, reducing isolation and fostering intergenerational dialogue.
  • Cultural Heritage Programs: Policies aimed at preserving cultural heritage can help balance the influences of globalization, allowing elders to contribute to societal identity and cohesion.

Conclusion

The social and economic impact of globalization on elders in Ethiopia is multifaceted, with both positive and negative aspects. While elders can play a crucial role in economic development and cultural preservation, they also face challenges related to social isolation and access to services. Policymakers must recognize and address these challenges through targeted initiatives that promote inclusion, support, and empowerment for the elderly in the rapidly changing global landscape.

References

  1. Bäckman, O. (2018). Aging and Globalization: Examining Global and Local Implications. Journal of International Aging Studies.
  2. Fafchamps, M., & Shilpi, F. (2008). Geography and Labor Market Outcomes in South Africa. South African Journal of Economics.
  3. United Nations. (2017). World Population Ageing 2017 - Highlights. New York: United Nations Department of Economic and Social Affairs.
  4. World Health Organization. (2020). Ageing and Health: Key Facts. Retrieved from WHO website.
  5. World Bank. (2021). Ethiopia - Country Economic Memorandum: Towards Inclusive Growth. Washington, DC: World Bank.

This analysis incorporates current perspectives and draws from relevant literature and reports that highlight the intersection of globalization and the elderly population in Ethiopia.