The world is ageing rapidly. People aged 60 and older make up 12.3 per cent of the global population, and by 2050, that number will rise to almost 22 per cent.
Ageing is a triumph of development: People are living longer because of better nutrition, sanitation, health care, education and economic well-being. Although an ageing world poses social and economic challenges, the right set of policies can equip individuals, families and societies to address these challenges and to reap its benefits.