The process of ageing population is traditionally considered a topic of interest to scholars and policy makers dealing with public finance. However, the process not only affects public spending and its long term sustainability, but also the structure of consumption and production of goods and services, some of them not yet easily affordable even for the majority of industrialized countries.

The SWAS aims to undertake analysis of how public and private spending constraints, in an ageing population environment, push developed countries industrial structures to go through a hard restructuring process.

The process should involve:

-  the development of innovative technologies based on flexible and adaptive architectures able to allow people to work longer in better health conditions;

-  the development of advanced technologies able to reduce expenses for taking care of elder people;

-  the development of regulations allowing elder people to work longer and using more autonomous and sophisticated machines, ITC appliances and devices in working environments.

The SWAS, organized under the auspices of the United Nations University by ISMB-Politecnico di Torino and Hokkaido University, in cooperation with Banca d’Italia, the German Institute for Japanese Studies, Chatham House and CSAI@Università di Milano-Bicocca, are aimed at collecting information and analyzing how, in Germany, Japan and Italy, policy makers, research centers, independent think tanks and companies producing goods and services for senior people are:

.  elaborating strategies in order to take care and empower a better quality of life of aged people in the constrained environment of a slowing growth scenario;

.  boosting technologies to tackle and alleviate some of the major problems connected with the management of the process;

.  helping the updating of industrial capacity, in order to exploit opportunities that economies of scale offer to provide goods and services for senior people affordable in a slowing growth environment.

Sustainability of retirement systems and of public spending of developed countries needs consumers to be able to work for longer period of their lives and to get access to less expensive caring systems. Less dependent consumers, more tax payers and more affordable goods and services for health and caring activities could help societies to achieve upper level of social fairness from an intergeneration point of view.