Projects - Data Collection Survey on the Silver Economy in Thailand

  • Data Collection Survey on the Silver Economy in Thailand
Project Description

 

 

LOCATION
Thailand

 

OWNER
Japan International Cooperation Agency (JICA)

 

DESCRIPTION
Thailand, one of Southeast Asia’s fastest-aging societies, stands at a critical juncture in developing the Silver Economy. With nearly 20% of the population aged 60 or older and projections indicating that one in three Thais will be seniors by 2050 (NESDC, 2022), the country faces significant challenges related to labor shortages, healthcare demand, and economic inequality among older adults. Therefore, the objectives of this project are 1) to systematically identify key stakeholders in Thailand’s silver economy, including government agencies, private sector actors, non-governmental organizations, and elderly populations, while aligning with relevant Sustainable Development Goals (SDGs) within the Long-term Population Development Plan (2022 – 2037) framework and 2) to assess the impacts of demographic transitions on the silver economy in Thailand, focusing on aging trends, labor force changes, and shifts in consumer behavior.

 

 

SERVICE RENDERED

  1. Literature review – To establish a theoretical and contextual foundation for identifying stakeholders in Thailand’s silver economy by reviewing relevant policies, strategies, and existing research.
  2. Stakeholder identification – To identify and categorize critical stakeholders within Thailand’s silver economy ecosystem, focusing on three key groups: regulators, producers, and consumers.
  3. Questionnaire development – After completing the literature review, workshop with stakeholders, then the Project develop a structured questionnaire to gather detailed data from the identified stakeholders.
  4. Data collection – Activities will begin with distributing a tailored questionnaire the three primary stakeholder groups.
  5. Data analysis – Data analysis will be conducted using a comprehensive quantitative approach, incorporating descriptive statistics. Additionally, policy recommendations will be developed based on the finding from the data analysis.
  6. Final report and presentation.

 

DURATION

September 2024 – March 2025