EconPapers    
Economics at your fingertips  
 

Demographic Change in the Asian Century: Implications for Australia and the Region

Peter McDonald

Asia and the Pacific Policy Studies from Crawford School of Public Policy, The Australian National University

Abstract: Declining fertility and mortality rates in the second half of the twentieth century have led to the twenty-first century being characterised as the century of the aging population. Concurrently, the decline in the numbers of young people entering the labour force is exacerbating the problems arising from the aging population. Implications of these trends are analysed for a variety of Asian countries. Labour force growth in India and Pakistan will be sufficient to compensate for the shrinking labour forces in Europe and Asia excluding the massive fall in China; outsourcing labour to South Asia will be an increasing trend in the twenty-first century. The Asian countries with less problematic demographic structures are instead facing economic challenges and require education and training to improve labour productivity.

Keywords: intergenerational; demography; labour; Asian century; economic policy (search for similar items in EconPapers)
Pages: 18 pages
Date: 2016-07-01
New Economics Papers: this item is included in nep-age and nep-ger
References: Add references at CitEc
Citations:

Published in Asia & the Pacific Policy Studies, May 2016, pages 155-172

Downloads: (external link)
http://onlinelibrary.wiley.com/doi/10.1002/app5.130/epdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://onlinelibrary.wiley.com/doi/10.1002/app5.130/epdf [301 Moved Permanently]--> https://onlinelibrary.wiley.com/doi/10.1002/app5.130/epdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:een:appswp:201615

Access Statistics for this paper

More papers in Asia and the Pacific Policy Studies from Crawford School of Public Policy, The Australian National University Contact information at EDIRC.
Bibliographic data for series maintained by Sung Lee ( this e-mail address is bad, please contact ).

 
Page updated 2025-03-30
Handle: RePEc:een:appswp:201615