Longer lives lead to numerous societal challenges

By Joseph MariathasanApril 2022 (Magazine)

“Demographics is the single most important factor that nobody pays attention to, and when they do pay attention, they miss the point,” management and pensions guru Peter Drucker once declared. The key issue is not only that people are living much longer, but that fertility rates are below the population replacement rate of 2.1 children per female everywhere in the world apart from Africa.