Developing Asia has benefited greatly from the rise of the People’s Republic of China (PRC), primarily through the trade channel. The PRC and its neighbors have collectively formed a regional production network, and the PRC is becoming an increasingly important source of final demand. Two...

We explore how demographic changes in the Asia and Pacific region are likely to influence economic growth and other features of the regional economy. While many low-income countries in the region will continue to experience a demographic dividend, over time population aging could drag on...