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Population ageing is associated with increasing healthcare expenditure. To guide policy and the adaptation of health … systems, however, a more accurate understanding of the quantitative effect of different components of ageing and other factors … indicators for the size of the labour force. All our scenarios indicate that demographic ageing is likely to increase future …
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Korea's economy has leaped to high-income status thanks to several decades of sustained high growth. However, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on economic activity. This paper asseses the expected drag on...
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The demographic dividend that contributed substantially to economic growth in developing Asia in the past is dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor productivity. We examined the impact of aging on those four...
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