Park, Donghyun; Shin, Kwanho - 2011
The demographic dividend that contributed substantially to economic growth in developing Asia in the past is … dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor … economic growth of the 12 from 2011 to 2020 and from 2021 to 2030. Our results indicate that there will be a sizable adverse …