So, most people say that the advanced cconomies and the developing economies really have to find solutions to deal with this age factor. The evidence shows that it certainly won’t be easy, particularly for the young, emerging economies. However, I tend to agree with one influential writer, Phil Mullan, a social economist, who expresses, doubts about the economic threats associated with ageing population Briefly, he explains how ageing is not the dramatic “time-bomb” It has been labeled as In his exteresting book, The Imaginary time-bomb: Why an Ageing population is Not a Social Problem, written in 2002, he claims this demographic development is not presented as a social benefit but as a burden for the future. He, for one, has no doubt that a deeper examination of the issue from a more optimistic perspective will, quite rightly, enable economies to maximize human resources of all ages.