Age is more than a number.

There are pertinent differences between the developed and developing world -" between the young vibrant emerging economies of developing Asia and the older sophisticated economies of the West and Japan.

In the West and Japan the demographic environment is tipped towards an ageing population where there is a declining workforce. This is not the case in emergent powers like India, China and to a lesser extent south-east Asia, Indonesia and the Phillipines, as most of these developing nations still have youthful populations that are contributing to the growth of the econo