Financial Times - The numbers should amaze us. Donald Trump, Xi Jinping, Narendra Modi and Vladimir Putin are all in their seventies. So are Recep Tayyip Erdoğan of Turkey, Benjamin Netanyahu of Israel, Cyril Ramaphosa of South Africa and Luiz Inácio Lula da Silva of Brazil. The president and supreme leader of Iran are 70 and 86 respectively. The presidents of Nigeria and Indonesia are each 73. More than half of the world’s population, and much of its land area and military capacity, is in the hands of men who are older than Ronald Reagan was when he entered the White House at what seemed a dicey 69.
One of the destabilizing forces in the world today is the advanced age of those who run it.
For one thing, old leaders have an incentive to secure a legacy — a defining achievement — before time runs out for them. The unification of mainland China with Taiwan is an example of such a project. So is avenging the loss of Russia’s prestige and “strategic depth” after the cold war. Even Trump’s haste to find a settlement in Ukraine, however invidious the details of such a peace might be to that nation, and to end world trade as we have known it, whatever the economic cost, suggests an old man in a hurry.
The problem with aged leaders is not their health — almost all those named above are robust and lucid — but their incentives. As well as not having much time to leave a mark, they won’t have decades of retirement in which to suffer the legal and reputational penalties of any disastrous act committed in office. More
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