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by Lloyd Fernando

The writer is former Secretary to Governor NWP

The populace of the working world is ageing at a rate which is alarming the authorities who fear the growing number of elderly people would be a drag on economic growth. In South Korea, the number of people aged 65 and older reached 3.37 million in November 2000, accounting for 7.3 per cent of the country's estimated population then of 46 million, according to the National Statistical Office (NSO).
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