The Spanish Law on Dependency (Ley de Dependencia)
One of the greatest XX century achievement has been the increase in life expectancy of mankind, specially people living in Spain and other western countries, brought about by, among other factors, the improved public health and welfare conditions. Over the last 45 years, Spanish development model has enabled an increase in the number of people reaching old age and doing so in a situation of relative financial stability. However, the increase in life expectancy coupled with a significant drop in the birth rate over the last 30 years has led to a rapid transition to an ageing population. At this time it is estimated that in the European Union there are only two people of working age for each adult of 65 years or more. However, the challenge and scope of ageing populations varies for each of the member countries. Spain stands out as one of the countries where it is most prominent, reaching rates of around 32% in 2050, only exceeded by Italy and Slovenia. According to demographic fore...