IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-540-76641-4_15.html
   My bibliography  Save this book chapter

Cash, Children or Kind? Developing Old Age Security for Low-Income People in Africa

In: New Partnerships for Innovation in Microfinance

Author

Listed:
  • Madhurantika Moulick

    (MicroSave India)

  • Angela Mutua

    (MicroSave Consulting)

  • Moses Mutua

    (Freelance consultant)

  • Corrinne Ngurukie

    (MicroSave Consulting)

  • Michael Onesimo

    (Freelance consultant)

  • Graham A.N. Wright

    (MicroSave)

Abstract

Declining fertility rates and rising life expectancy are driving global demographic change. With an aging world population, both the number and proportion of the aged are increasing. Presently, two-thirds of the world’s older people live in developing countries. By 2050, this will increase to 80%. The number of people aged over 60 in the developing world is predicted to rise from 375 million in 2000 to 1,500 million in 2050 (Gorman, 2004). In Sub-Saharan Africa the number of people aged 60 and over will more than double in the next 30 years, despite the impact of HIV/AIDS (Mark, 2004). Africa’s older population will increase to 204 million by 2050, from the present 42 million (HelpAge, 2005a): more than one in ten Sub-Saharan Africas will be over 60 (Gorman, 2004). This growth rate of the elderly population will bring economic and social problems, the effects of which will be seen at different levels – from the individual through the continent as a whole. The aged will increasingly face additional crises on two fronts: disintegrating social safety nets and the effects of HIV/AIDS.

Suggested Citation

  • Madhurantika Moulick & Angela Mutua & Moses Mutua & Corrinne Ngurukie & Michael Onesimo & Graham A.N. Wright, 2009. "Cash, Children or Kind? Developing Old Age Security for Low-Income People in Africa," Springer Books, in: J. D. Pischke & Ingrid Matthäus-Maier (ed.), New Partnerships for Innovation in Microfinance, pages 253-265, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-76641-4_15
    DOI: 10.1007/978-3-540-76641-4_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-540-76641-4_15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.