http://digitalrepository.cipmlk.org/handle/1/1306 2026-06-01T19:20:33Z http://digitalrepository.cipmlk.org/handle/1/1308 Navigating the Ageing Wave: Socio-Economic Implications of Sri Lanka’s Ageing Workforce Mendis, Balapuwaduge Anne Kanchana Medhani The global population is undergoing a profound demographic shift characterised by declining fertility rates and increasing life expectancy, resulting in rapid population ageing. By 2050, the number of people aged 60 and older is projected to reach 2.1 billion, representing 21% of the global population (United Nations, 2019). Once a young nation, Sri Lanka is now transitioning into a "super-aged" society, with over 20% of its population expected to be 60 or older by 2030 (United Nations, 2019). This demographic shift poses significant challenges for Sri Lanka’s healthcare systems, labour markets, and social welfare programs while creating innovation and policy reform opportunities. 2025-05-09T00:00:00Z