Numerous recent empirical studies underscore the adverse impacts of an aging population on economic growth. This could stem from reduced labor force participation and productivity among older workers, or the potential for aging to result in an imbalance between savings and desired investment,...

Many economies in East and Southeast Asia are progressing toward becoming aging or aged societies. The impacts of this demographic transition are multifaceted and far-reaching and include declining tax revenues, leading to fiscal imbalances, and possible increases in government expenditures for...

Many economies in East and Southeast Asia are progressing toward becoming aging or aged societies. The impacts of this demographic transition are multifaceted and far-reaching and include declining tax revenues, leading to fiscal imbalances, and possible increases in government expenditures for...