Meeting India’s Retirement Challenge
By Richard Jackson ALTHOUGH RAPID DEVELOPMENT BRINGS GREAT BENEFITS, it also creates great challenges. Among the most critical is ensuring a measure of security for the old, who often find themselves vulnerable and marginalized as economic growth accelerates and traditional social and cultural norms are overturned. When rapid development is combined with rapid population aging, confronting the challenge becomes all the more urgent. India is one of the world’s most rapidly developing countries. Like most emerging markets, it is also progressing...