A Study on the Impact of the Aging Population-Driven Silver Economy on Social Development and Healthcare Systems in Russia

International Business School Suzhou at XJTLU, Xi’an Jiaotong-Liverpool University, Suzhou, Jiangsu, 215123, China

^* Corresponding author: Maowei.Hua22@student.xjtlu.edu.cn

Abstract

Russia, the largest country in the world by land area, holds significant geopolitical influence in Eastern Europe and beyond. Its tumultuous history, marked by events such as World War II, widespread famine, and the disintegration of the Soviet Union, has led to complex social and economic challenges. Understanding Russia’s economic policies and their impacts is crucial for anticipating future trends on the European continent. This article seeks to explore the implications of Russia’s aging population on its social and economic development. The analysis begins by compiling comprehensive data on Russia’s demographic shifts, focusing on the increasing proportion of elderly citizens. It also reviews the perspectives of various scholars on the issue of population aging, highlighting both the challenges and opportunities this demographic trend presents. Utilizing the SWOT model, the article systematically examines the opportunities and vulnerabilities associated with Russia’s aging population, identifying key issues that require attention. The analysis then integrates SWOT with strategic frameworks to propose targeted measures that could mitigate the challenges and leverage the potential benefits of an aging society. In conclusion, the article offers insights into the broader implications of Russia’s demographic changes, providing a nuanced understanding of how these shifts may shape the nation’s future trajectory and influence the wider European landscape.