Showing 1 - 3 of 3
Sri Lanka debt overhaul harms older women
Oped, Nisha Arunatilake, Published on 26/01/2024
» The World Bank's Women, Business, and the Law Index has documented a persistent gender pension gap in rich and poor countries. This is partly because of gender-based legal disparities, such as lower mandatory retirement age for women and the lack of pension credit for periods of childcare. Because women have shorter working lives, earn less, and have a longer life expectancy than men, they often receive lower benefits, which must last longer. But the problem is most acute in low- and middle-income countries. Around two-thirds of the world's population aged 60 and older live in the developing world, and that share is projected to rise to 80% by 2050. And, as Sri Lanka's recent restructuring has shown, the mounting sovereign debt crisis threatens to erode retirement savings further, pushing even more older women into poverty.
Asia's private-bank party on thin ice
News, Nisha Gopalan, Published on 05/10/2018
» Every day, it seems like another wealth manager joins the scramble for Asia's growing ranks of millionaires, especially those from China. With cash streaming in, there hasn't been much reason for private banks to worry about high costs for things like salaries, technology and compliance.
Xi's 'Silicon Valley' faces hurdles
News, Nisha Gopalan, Published on 17/09/2018
» Build it and they will come. Maybe.