Forward to the Nineteenth Century: Has Growing Old Gracefully Become a Luxury?
The Twentieth Century will soon be history. It has witnessed enormous advances in economic and social welfare within Western Europe, which has created the expectation that each successive generation will enjoy a higher standard of living than its predecessor. The primary purpose of this chapter is to examine whether this expectation has become unrealistic, at least until well into the next century.
KeywordsWelfare State Pension Fund Dependency Ratio Pension Scheme Private Provision
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