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Ageing and Globalisation$
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Martin Hyde and Paul Higgs

Print publication date: 2016

Print ISBN-13: 9781447322276

Published to Policy Press Scholarship Online: January 2017

DOI: 10.1332/policypress/9781447322276.001.0001

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Time and money in later life

Time and money in later life

(p.81) Five Time and money in later life
Ageing and Globalisation

Martin Hyde

Paul Higgs

Policy Press

Economic issues form a key dimension for both globalization and social gerontology. Drawing on data from a range of international studies, this chapter critically assesses the extent to which we identify a global convergence around labour market participation rates, retirement age, financial circumstances and pension policies. It also looks at the impact of globalization on the employment and financial circumstances of older people. The analyses reveal that, although new temporalities of ageing and later life have opened up around work and retirement, there is little evidence of an emerging global economic time-space of ageing and later life. Globalization also does not seem to have much of a direct impact on the economic circumstances of older people. International and regional variations in work and income point to the importance of non-global political and economic structures for older people.

Keywords:   work, retirement, pension policies, globalization, financial circumstances, older people

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