Mr Devadas Krishnadas, chief strategist and programme director for the SMU-TCS iCity Lab, wrote that ?The world population is ageing. The United Nations has referred to this phenomenon as "unprecedented, pervasive and enduring". Its implications are most profound for urban concentrations as demands on services mount even while economic growth is imperiled by an ageing labour force. To continue to thrive, cities will have to compete to achieve what I call the "Triple-A(ge)" standard. This is not about the quality of their sovereign or municipal bonds but about that of their strategies to deal with ageing.?
Source
TODAY