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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 productivity. We examined the impact of aging on those four...
Persistent link: https://www.econbiz.de/10009379744
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While there are growing concerns about population aging, some studies explore the possibility that population aging can give rise to a silver dividend that contributes to economic growth (ADB 2019). While the demographic dividend refers to the increase of the working-age population, the silver...
Persistent link: https://www.econbiz.de/10014227869
We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … potentially valuable lessons for China. The Asian giant moved from low income to middle income very quickly but now faces the … challenge of graduating to high income. In this paper, we empirically assess the main drivers of economic growth in China and …
Persistent link: https://www.econbiz.de/10012206272
of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether …
Persistent link: https://www.econbiz.de/10003899253
People's Republic of China (PRC) as a globally influential economic force is fueling hopes that it can supplement the US as …
Persistent link: https://www.econbiz.de/10003899275
, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …
Persistent link: https://www.econbiz.de/10008991971
Persistent link: https://www.econbiz.de/10009007437
level that the Peoples Republic of China should achieve by or soon after 2015. Among our more provocative findings is that …
Persistent link: https://www.econbiz.de/10009301880
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