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India will need to develop a robust annuity market if it is to enable its rapidly aging population to address longevity … morbidity and mortality databases for better price discovery; supply of financial instruments enabling better matching of assets …
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. It discusses both emerging economies (India, Chile) and many of the older nations (Sweden, Canada, the US, Australia …
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Longevity insurance benefits are deferred annuities that start payment at an advanced age at which a substantial proportion of the birth cohort has died. In high-income countries, that would mean that these annuities would start for people in their early 80s, but when social security programs...
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India, one of the world's two population superpowers, is undergoing unprecedented demographic changes. Increasing … context, scope, and magnitude of India's demographic changes. It then details the major challenges these shifts pose in the … presents an overview of India's recent and ongoing initiatives to adapt to population aging and provide support to older adults …
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private savings is increasing because of India’s growing working-age population, thus the ‘economic life cycle hypothesis’ is … states. (3) The demographic window of economic opportunity for India can yield maximum benefits in terms of private savings …India is on the edge of a demographic revolution with a rapidly rising working-age population. For the first time in …
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