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India's Got Time
India Dispatch: The strongest case for India is not merely that it is young, but that it still has time, and it may be the only continental-scale economy that still has it in abundance. India won't cross the demographic threshold for an "old" country -- a median age of 41 -- until the late 2050s, wh...
India won't cross the demographic threshold for an "old" country -- a median age of 41 -- until the late 2050s, while China reaches that point now. The report adds: China's compressed dilemma mirrors what is gripping the developed world, where Europe's share of population over 65 is on track to hit 30% by 2050, up from 8% in 1950. Raising retirement ages -- what economists describe as the closest thing to a silver bullet -- faces older voting blocs, who now make up roughly 40% of those who turn up at the polls in European elections.
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