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The Economist (September 6)

2012/ 09/ 08 by jd in Global News

“The world’s most vibrant economies are shifting gear, away from simply building wealth towards building a welfare state.” Indonesia will become the world’s largest single-payer national health insurance program in 2014 when it provides universal health insurance. China has brought “pension coverage to an additional 240m rural folk, far more than the total number of people covered by Social Security, America’s public-pension system.” And in India pension coverage and a guaranteed work scheme have been extended. “The speed and scale of this shift are mind-boggling.”