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Life expectancy in the developed world is rising by two years with each decade. The older are rapidly outnumbering the younger.  But ageing is not confined to Western Europe. In China, Japan and elsewhere, there may not be enough children growing up to become workers to support the rapidly growing elderly population. Different societies treat their older members very differently. Some retire them at 55. For some, retirement does not exist. In some societies, older people are revered, in some, they are, in effect, reviled.

George Magnus is senior economic adviser UBS Investment Bank and was one of very few to see the credit crunch coming in 2007.  His recent books, including The Age of Ageing, take a panoramic look at the global dimension of ageing. This, coupled with his critique of emerging economies in his latest book Uprising, puts him in an unrivalled position to lead a debate about where the world is going with its population structures and the economies they support – or not.

In association with AGE UK Oxfordshire