Actuarial news and views from Cape Town and beyond

21st Century Megatrends

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I came across the following blog. It is based on a model by one of the foremost authorities (Clem Sunter) on strategy in South Africa.

The authors claim that the factors mentioned in the article will inevitably shape the world in the years to come. Most of what has been discussed in the article is I think more or less what is in line with what we have discussed in class already, particularly the issue of ageing populations in developed nations. Other interesting issues include the fact that the authors mentioned that the retirement age has increased to about 70 to 75 years of age, the need to preserve wealth and the ‘flat economic universe’.



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