, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on …Korea's economy has leaped to high-income status thanks to several decades of sustained high growth. However … economic activity. This paper asseses the expected drag on potential growth from these factors and discusses policies that …

The world is in the midst of a major demographic transition. This paper examines the implications of such transition … over the next 80 years for Japan, the United States, other industrial countries, and the developing regions of the world … using a dynamic intertemporal general equilibrium four-country model containing demographics calibrated to the ""medium …

variables move over time and analyzes how they influence macroeconomic variables such as economic growth, inflation, savings and …

of the macroeconomic consequences of changing demographics …

countries differ in their population growth and mortality risk. Besides exploring the implications of demographics for saving …Building on the evolving literature on the topic, this paper reviews the relationship between demographics and long …

This paper considers the long-run evolution of the world economy in a model where countries'' opportunities to develop … opportunities for the remaining developing countries. Whether or not the world economy converges to widespread prosperity depends on … the population growth differential between developing and advanced economies, the rate at which countries develop, and …