Thailand became an elderly society in 2005
when 10 percent of the total population comprised
elderly people, according to a report by the
Foundation of Thai Gerontology Research and
Development Institute (TGRI). Moreover, Thailand
will become a super-aged society by 2031;1 at that
time 20 percent or more of the total population will
be aged 65 and older. In this regard, Thailand’s
healthcare systems, economy, and society will
experience various impacts due to being an elderly
society, especially scarcity of younger people to
fill the gaps in elderly care, a situation which could adversely affect the quality of well-being for the
elderly. Thus, it is important that mechanisms be
found to prevent adverse effects.
The concept of a timebank has been suggested
as one mechanism to reduce some adverse effects
of an elderly society; timebanks are expected to be
used to complement current elderly care systems.
However, given that implementation is still at
an early stage, understanding of strengths and
weaknesses of using a timebank is important to
ensure that the development of timebanks in Thailand
takes the right direction.
This article is aimed at assessing the progress
of implementing a timebank under the supervision
of Thailand’s Department of Older Persons and to
demonstrate some of the benefits that the community
could take from a timebank