We describe the complex support systems in Asia and highlight their importance for economic growth and fiscal sustainability. Familial transfers for old age support are significant in many Asian economies, though their extent varies quite widely, and public transfer systems are less significant....

Asia as a whole is experiencing a rapid demographic transition toward older populations, though different countries are at different stages of this region- wide trend. We document Asia's aging population, describe the region's old-age support systems, and highlight the regional socioeconomic...

We explore how demographic changes in the Asia and Pacific region are likely to influence economic growth and other features of the regional economy. While many low-income countries in the region will continue to experience a demographic dividend, over time population aging could drag on...

Understanding the economic lifecycle -- how it varies and why -- is important in its own right, but is also critical to understanding how changes in population age structure influence many features of the macroeconomy. Economic behavior over the life cycle can be summarized by the average levels...

Asia as a whole is experiencing a rapid demographic transition toward older population structures. Within this broader region-wide trend, there is considerable heterogeneity, with different countries at different stages of the demographic transition. In this paper, we document Asia’s...

We describe the complex support systems in Asia and highlight their importance for economic growth and fiscal sustainability. Familial transfers for old age support are significant in many Asian economies, though their extent varies quite widely, and public transfer systems are less significant....

We explore how demographic changes in the Asia and Pacific region are likely to influence economic growth and other features of the regional economy. While many low-income countries in the region will continue to experience a demographic dividend, over time population aging could drag on...