Scenario Planning For Pensions

Population was one of the biggest problems of the world few decades ago. In an attempt to control the growing population, many countries of the world formulated population controlling policies. One of the countries that enforced the strictest policy was China. The one-child policy has started to show extremely dangerous results and the problems are expected to aggravate in the coming years. Considering the present trends and extrapolating them up to 2020, this working population under 65 years of age has undergone a significant decline in the last decade whereas the population in China ovrtlch af0 ltrch cf1insrsid2316718charrsid8275782 er 65 years of age has become 1.5 times whats economy, the former is found to grow twice as fast as the later. This has come as a calamity to the people of