Poor Countries Are Aging Fast but Can’t Keep Up With the Cost

Developing countries like Thailand are aging fast with low savings and scant government resources.

Thailand's fertility rate has dropped to 0.9 births per woman, while life expectancy rose to 77 years.

One in six Thais is over 65, and the working-age population is already shrinking.

Boonma Klahan, a 57-year-old health aide in Nong Bua Hing, supports her elderly parents and 22 other elderly clients on $90 per month.

Countries like Thailand, Vietnam, China, and India are aging at much lower wealth levels than the U.S. and Europe, lacking pension systems and personal savings.