Life in singapore in twenty years due to aging population

If the population ages in Singapore, then the work force will become smaller and smaller, resulting in a drop in singapores economy. As singapores economy drops, the living standards will detiorate, and more people will live in poverty. When this happens, the government will have to implement policies to help increase the working population, such as increasing benefits and lessening the burden of having children. Also, the government would increase the age limit of those eligible to work, and will be encouraging old people to take up intellectual jobs to offer reprise from the problem.