The paper aims to shed light on the development of public policies in Latin America and the Caribbean which meet the needs and care for the elderly and the disabled. This being said, the author argues that while there have been disciplines that have dealt with the study of care in Latin America and the Caribbean, there is not enough research on the elderly and the disabled. Consequently, the paper develops a new “Economy of Care”, aimed at studying the needs and welfare of the elderly and the disabled.
The work consists of four chapters. After a brief introduction, the first section describes the aging of the region’s population. The second chapter examines the case study of the Home Care Program for the Vulnerable Population in Mexico City, whilst chapter three offers some vital elements for the development of a theoretical platform which brings together the disciplines of economics and psychology to analyze the care of vulnerable populations in the region. Finally, chapter four presents the conclusions and some policy recommendations.
The author concludes arguing that aging will generate an increase indisability, both physically and mentally, of the region’s populations. Thereby, public policymakers should prioritize the development of platforms that serve to help meet the care needs of these demographic groups.