Type of Content: Research
Subtype: Journal Article
Resource Title: The COVID-19 Pandemic: Lessons for Financially Fragile and Aging Societies
Publication Title: Work, Aging and Retirement: 6(4) 229–232
Publish Date: October 2020
The current COVID-19 crisis teaches organizations and households harsh lessons about the necessity of having buffers, to deal with the consequences of the COVID-19 virus. The financial fragility of households and the rising proportion of people becoming obese calls for intensified efforts, both by individuals and employers to create financial buffers and keep on investing in health. The financial fragility of organizations is a wake-up call that a short-term focus on efficiency can be counterproductive and may overturn the efforts to start working longer.
Resource URL: https://bit.ly/2HltGaC