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We present three conditions for a demography-driven middle-income trap and show that many economies in East, South, and … 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 …
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The Philippines is slowly ageing. In a little over a decade, the country’s elderly will comprise at least seven percent of the total population. This rising tide may pose some substantial burden to the country's resources. But the same economic and demographic forces that will eventually lead...
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By the middle of this century, Asia's elderly population is projected to reach 922.7 million, and its share of … population 17.5%, from just 4.1% in 1950. Within the next few decades, Asia is poised to become the oldest region in the world … requires a big head-start. This paper analyzes the impact that aging is having in Asia, examines the policy options for dealing …
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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