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at different stages of this region wide trend. We document Asia's aging population, describe the region's old-age support … systems, and highlight the regional socioeconomic implications of the transition for those support systems. Aging populations …
Persistent link: https://www.econbiz.de/10013118373
both government revenues and expenditures. For example, population aging will increase expenditures on the elderly while … both demographic changes and economic growth. Rapidly aging economies like the Republic of Korea; Japan; and Taipei … still-growing working-age populations. Overall, our simulation results indicate that Asia's population aging will adversely …
Persistent link: https://www.econbiz.de/10012986580
dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor … productivity. We examined the impact of aging on those four channels in 12 developing Asian economies that collectively make up the … economic impact where population aging is more advanced …
Persistent link: https://www.econbiz.de/10013118646
A sound and efficient financial system is an indispensable ingredient of economic growth. It consists primarily of banks and capital markets, which channel savings into investments and other productive activities that contribute to economic growth and augment the economy's productive capacity....
Persistent link: https://www.econbiz.de/10013002511