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Southeast Asia satisfy all of them. The conditions are (1) support ratio - the ratio of workers to consumers - matters for … economic growth, (2) economic development accompanies more investment in human capital and lower fertility due to the quantity …-quality tradeoff, and (3) current low level of fertility corresponds to too low support ratios for keeping up with the frontier …
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The world faces growing challenges of aging populations. Asia is no exception with rapidly increasing life expectancies … and falling fertility rates. To help policy makers address these issues, this paper examines three sociopolicy options: (i … methodology with the goal of increasing fertility rates. When the retirement age is extended from 65 to 70, the overall dependency …
Persistent link: https://www.econbiz.de/10011579728
The present study first examines the trends in age structural shifts in selected Asian economies over the period 1950–2050 and analyzes their impact on economic growth in terms of the first and second demographic dividends computed from the system of National Transfer Accounts. Then, using the...
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This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach. These calculations show the sensitivity of...
Persistent link: https://www.econbiz.de/10014399958
This paper uses the task-content-of-occupations framework to analyze trends in employment and wages of female and male workers in the Indian labor market from 1994 to 2017. Workers are classified into four main occupational categories: nonroutine cognitive, routine cognitive, nonroutine manual,...
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