Ageing population is always to be feared?

Looking at the economist's point of view, one can see that ageing population should not be feared as the elderly can help to improve the economy of the country. The reason for this is that they can be valuable assets that can help improve the economy of a country. No doubt these elderly will nag at times, but we must still respect them because their invaluable experience in the area of specialization is way more experienced than the younger generation and their experiences can help guide the younger generation to improve. Through their guidance, the younger generation will become more capable to deal the problem if they faced with the similar situation. This will not only help the younger generation a lot but also help the country;s economy as the output that is possibly being produced increased, thus the elderly are more of an assets to the country than a burden to the country. Japan is an example of a country who did not attempt to include their elderly in the workforce and this causes the economy of Japan to be lagged behind the key economic superpowers like America and China. This shows that having an ageing population and able to make full use of their human resources will help the economy improved instead of causing them to be less economically inefficient, thus after considering the evidence placed forward, we can safely ascertain that ageing population should not be feared as it can helps improve our shrinking economy.