Assignment: Ageing without a safety net in Malaysia
Industrialisation, modern cityscapes and strong economic growth promote an image of a youthful, vigorous Malaysia. But the country is now ageing rapidly, and this sudden transformation seems to have caught many - including the government - by surprise: Despite their country’s development, millions have little or no retirement income and face destitution or dependence in their golden years. What little provision is available was compromised during the Covid pandemic when the government allowed workers to withdraw retirement funds just to survive lockdown. Those who did so can now have almost nothing left in their accounts. Without any universal pension, many older Malaysians rely on their families – but younger relatives are often struggling in a low wage economy and find it increasingly difficult to provide for anyone but themselves. As Claire Bolderson reports, Malaysians may have to change their attitudes to retirement and to saving if they are to avoid the spectre of serious poverty in old age.
- Datum:
- Duur:
Gerelateerde podcastafleveringen
/http%3A//ichef.bbci.co.uk/images/ic/3000x3000/p0kxnkls.jpg)
Meer afleveringen van The Documentary Podcast
-
A Chinese dissident's journey
When Chinese policeman Dong Guangping wrote an article commemorating the 10th anniversary of the 1989 military crackdown on pro-democracy protesters in Beijing, it kicked off a chain of events that led to him serving jail time and... -
Wildfires in Europe
Wildfires continue to burn across the continent. Thousands of people have been evacuated on the Greek island of Crete, as well as in western France, Spain, Portugal and Turkey. A blaze in central Spain has burned almost 80,000 hectares... -
Rastafari and I
What does it mean to inherit a faith that served as a fortress for your father, but feels like a contradiction to you? Throughout his childhood in Oxford, Silas Gray was surrounded by the sights, sounds, and symbols of his father’s...