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/p0ph4kkx.jpg)
/http%3A//ichef.bbci.co.uk/images/ic/3000x3000/p0ph2fm4.jpg)
/http%3A//ichef.bbci.co.uk/images/ic/3000x3000/p0fh6jhk.jpg)
Meer afleveringen van The Documentary Podcast
-
What China's solar panel obsession means for the world
China's latest trade data show another huge surplus, putting the country on course for what could be a record $1.5 trillion trade surplus this year. In the first of two episodes examining China's export machine, we look at the country's... -
Shadowmen: Russians working with Ukraine
A network of Russians say they are secretly fighting their own country. They claim armed resistance to stop Russia winning in Ukraine is the best way to undermine Putin’s regime. BBC Eye investigates. Presenter: Monica Garnsey... -
Afghan refugees: 3. Back to zero
Why are millions of Afghans pushed into circular migration and what awaits them in Taliban-ruled Afghanistan? In this series, The Global Jigsaw explores one of the world’s largest and longest-running refugee crises - a story spanning...