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A Geriatric Peace? The Future of U.S. Power in a World of Aging Populations

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Abstract:

In the coming decades, the most powerful states in the international system will face a challenge unlike any other experienced in the history of great power politics: significant aging of their populations. This article analyzes the effects of this phenomenon on the future of American security. On the positive side, global aging will be a potent force for the continuation of American power dominance, both economic and military. Aging populations are likely to result in the slow down of states’ economic growth at the same time that governments face substantial pressure to pay for massive new expenditures for elderly care. This double economic dilemma will create such an austere fiscal environment that the other great powers will lack the resources necessary to overtake America’s huge power lead. Moreover, although the United States is growing older, it is doing so to a lesser extent and less quickly than all of the other major actors in the system. Consequently, the economic and fiscal costs created by social aging—as well as their derivative effects on military spending—will be significantly lower for the U.S. than for potential competitors. On the negative side is the fact that although the U.S. is in better demographic shape than the other great powers, it, too, will experience substantial new costs created by its own aging population. As a result, America will most likely not be able to maintain the scope of its current international position. Thus while the U.S. in the coming century will be even more secure from great power rivalry than it is today, it (and its allies) will be less able to realize other key international objectives, including preventing WMD proliferation, funding nation building, and engaging in military humanitarian interventions.

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age (252), state (205), unit (146), power (125), militari (113), china (107), popul (107), great (93), spend (92), increas (82), percent (77), cost (70), year (67), japan (66), elder (64), intern (64), u.s (61), pension (59), world (58), india (58), econom (57),
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Haas, Mark. "A Geriatric Peace? The Future of U.S. Power in a World of Aging Populations" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL, Aug 30, 2007 <Not Available>. 2011-06-08 <http://www.allacademic.com/meta/p211055_index.html>

APA Citation:

Haas, M. L. , 2007-08-30 "A Geriatric Peace? The Future of U.S. Power in a World of Aging Populations" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL Online <PDF>. 2011-06-08 from http://www.allacademic.com/meta/p211055_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Abstract: In the coming decades, the most powerful states in the international system will face a challenge unlike any other experienced in the history of great power politics: significant aging of their populations. This article analyzes the effects of this phenomenon on the future of American security. On the positive side, global aging will be a potent force for the continuation of American power dominance, both economic and military. Aging populations are likely to result in the slow down of states’ economic growth at the same time that governments face substantial pressure to pay for massive new expenditures for elderly care. This double economic dilemma will create such an austere fiscal environment that the other great powers will lack the resources necessary to overtake America’s huge power lead. Moreover, although the United States is growing older, it is doing so to a lesser extent and less quickly than all of the other major actors in the system. Consequently, the economic and fiscal costs created by social aging—as well as their derivative effects on military spending—will be significantly lower for the U.S. than for potential competitors. On the negative side is the fact that although the U.S. is in better demographic shape than the other great powers, it, too, will experience substantial new costs created by its own aging population. As a result, America will most likely not be able to maintain the scope of its current international position. Thus while the U.S. in the coming century will be even more secure from great power rivalry than it is today, it (and its allies) will be less able to realize other key international objectives, including preventing WMD proliferation, funding nation building, and engaging in military humanitarian interventions.

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Document Type: PDF
Page count: 33
Word count: 15739
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A Geriatric Peace? The Future of U.S. Power in a World of Aging Populations∗ Mark L. Haas Assistant Professor Department of Political Science Graduate Center for Social and Public Policy Duquesne University 516 College Hall Pittsburgh PA 15282 (412) 396-6487 (412) 396-1739 (fax) haasm158@duq.edu Prepared for delivery at the 2007 Annual Meeting of the American Political Science Association August 30th-September 2nd 2007 ï€Ș For their helpful comments on previous drafts of this article the author thanks Clifford Bob Stephen
GDP per capital levels are from World Bank “GNI Per Capita 2005 Atlas Method and PPP ” World Development Indicators Database (Washington D.C.: World Bank 2006) http://siteresources.worldbank.org/DATASTATISTICS/Resources/GNIPC.pdf. For welfare obligation data and sources see the body of the analysis. † Answers to this question are based primarily on levels of personal savings and private pensions. Details and sources are provided in the body of the analysis. ï€Ș For India I substitute “revenue expenditures” for personnel costs and “capital expenditures”


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