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By Thomas Page-Lecuyer, Strategist – CPR Asset Management
The 20th century was the stage for a major revolution: demographic transition. Thanks to scientific discoveries, treatments and medical progress, the infant mortality rate has dropped sharply. This phenomenon has allowed global life expectancy at birth to rise from 33 years in 1909 to more than 68 years in 2014 – a gain of 35 years in just over a century.
Nevertheless, these figures belie a pronounced dichotomy between countries. In Africa and central Asia, the mortality rate remains high despite the efforts being made. Indeed, the rate is higher than 5% on these continents whereas it is lower than 0.3% in developed countries. Life expectancy in Africa is only 55 years and 65 years in Central...
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