BUSINESS

An older, smaller world

Business, Tientip Subhanij, Published on 25/03/2016

» My grandmother just celebrated her 94th birthday this month. She is one of the lucky 0.2% of people aged over 90 in the world. Despite the more frequent economic and social crises that we face these days, we are actually living longer and healthier lives. The global median age has increased from 23.5 years in 1950 to 29.6 today and is projected to increase to 36.1 by 2050. This is also associated with a significant gain in global life expectancy -- from 47 years in the early 1950s to 70.5 today.