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Demographic change, economic growth, and old-age economic security : Asia and the world
Mason, Andrew; Lee, Sang-hyop; Park, Donghyun - In: Asian development review : studies of Asian and pacific … 39 (2022) 1, pp. 131-168
Asia is aging, although there is significant heterogeneity across subregions and economies. Population aging poses two strategic challenges for the region: sustaining economic growth and delivering old-age economic security. In this paper, we leverage the lifecycle perspective-that individuals'...
Persistent link: https://www.econbiz.de/10013329396
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Population aging and economic growth : evidence from ASEAN countries
Nguyen Thanh Trong; Nguyen Thi Dong; Pham Thi Ly - In: Cogent business & management 11 (2024) 1, pp. 1-16
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,...
Persistent link: https://www.econbiz.de/10014530798
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A simulation analysis of the longer-term effects of immigration on per capita income in an aging population
Denton, Frank T.; Spencer, Byron G. - 2015
Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our "laboratory" is a fictional country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Simulations indicate that a...
Persistent link: https://www.econbiz.de/10011455444
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Demographic transition and its impacts on fiscal sustainability in East and Southeast Asia
Upalat Korwatanasakul; Pitchaya Sirivunnabood; Majoe, Adam - 2021
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...
Persistent link: https://www.econbiz.de/10012490479
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Demographic Transition for Economic Development in Taipei,China : Literature and Policy Implications
Chu, Chin-Peng; Yeh, Kuo-Chun - 2021
As an economy with a population of 23 million, Taipei,China is enjoying the demographic dividend of economic growth …
Persistent link: https://www.econbiz.de/10013237821
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Demographic aging, industrial policy, and Chinese economic growth
Dotsey, Michael; Li, Wenli; Yang, Fang - 2019
savings and in per capita output growth in China since the mid-1970s. The demographic changes come from reductions in the … China …
Persistent link: https://www.econbiz.de/10012058934
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China's economic demography transition strategy : a population weighted approach to the economy and policy
Johnston, Lauren A. - 2020
the tragedy of history's greatest Malthusian stagnation, that of mid-20th century China, Chinese policymakers implemented … draconian population control measures alongside dramatic economic reforms from around 1980. This paper elaborates China …
Persistent link: https://www.econbiz.de/10012241583
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China's Demography and its Implications
Lee, Il Houng - 2013
In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling … literature. Going further, we simulate global savings behavior based on our framework and find that China's demographics should … and future policy choices. Other implications arising from China's demography, including the growth model, the pension …
Persistent link: https://www.econbiz.de/10013082859
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Demographic dynamics and long-run development : insights for the secular stagnation debate
Cervellati, Matteo; Sunde, Uwe; Zimmermann, Klaus F. - 2016
This paper takes a global, long-run perspective on the recent debate about secular stagnation, which has so far mainly focused on the short term. The analysis is motivated by observing the interplay between the economic and demographic transition that has occurred in the developed world over the...
Persistent link: https://www.econbiz.de/10011537253
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The effect of interventions to reduce fertility on economic growth
Ashraf, Quamrul H.; Weil, David N.; Wilde, Joshua - 2011
We assess quantitatively the effect of exogenous reductions in fertility on output per capita. Our simulation model allows for effects that run through schooling, the size and age structure of the population, capital accumulation, parental time input into child-rearing, and crowding of fixed...
Persistent link: https://www.econbiz.de/10009299560