Even with the substantial uncertainty that surrounds these forecasts, population aging in the developed world is not likely to be a temporary phenomenon, associated solely with the retirement of the baby-boom generation. Rather, under current projections, the retirement of that generation should be viewed as hastening the transition between the current distribution of age and one in which the population is notably older.
As a small and open economy, South Africa has an interest in seeing the G-20 Agenda succeed because of our level of interconnectedness within the global economy.