Sri Lanka, Thailand, Vietnam and others are getting old before they get rich
In “Ragnarok Online” gamers use characters from Norse mythology to wreak havoc. Septuagenarians are not its target audience, but that does not deter Sunanta Phongcharoen. The 72-year-old Thai woman has reached the game’s highest level. This has eased the burdens of old age, she gushes on Manoottangwai, a social-media site for the elderly. By showcasing such stories, its founders claim to be helping prepare Thailand for a demographic crisis.
In South and South-East Asia less than 40% of the elderly population gets a pension, according to the International Labour Organisation. In Cambodia and Pakistan, the share is less than 10%. And the pensions that are on offer are meagre. India’s national pension for the poor provides a measly Rs200 a month. Health care is another worry. Developing-country health-care systems are already overburdened.
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