Legal Protection for Financial Abuse among Elderly in Malaysia

Legal Protection in Retail Financial Markets

Given the importance of sound advice in retail financial markets and the fact that financial institutions outsource their advice services, what legal rules maximize social welfare in the market? We address this question by posing a theoretical model of retail markets in which a firm and a broker face a bilateral hidden action problem when they service clients in the market. All participants in ...

Features Protecting the Elderly from Financial Abuse

Psychiatric problems among the elderly in Malaysia.

The rate of growth among the world's elderly population is reflected by the fact that while the total world population would have increased by 26% between 1980 and 2000, the rate of population growth over 65 years of age would have increased by more than 35%. "While the elderly population of the developed countries would have increased by 29.4% in the 20 yeatS 1980 to 2000, that of the developi...

Ophthalmic problems among the elderly in Malaysia.

With advancing age numerous changes take place in our body. There are changes in vision and in the eye which accompany ageing. Some disorders and diseases of the eye are directly related to the ageing process. In Malaysia some of the elderly do not seek medical attention because of the myth that this is part of old age and they think that nothing can be done. Most of these conditions can be pre...

Surgical problems among the elderly in Malaysia.

According to the 1991 population census, just under a million Malaysians are elderly. By universal convention the elderly are people who are above the age of 65 years. They comprise 3.7% of our population. To make a comparison, in the United States the elderly comprise 13% of the population and are expected to increase to 16% by the year 2025. They are, in that year, expected to consume 25% of ...