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Population aging and aggregate consumption in developing Asia

Gemma Estrada (), Donghyun Park () and Arief Ramayandi ()

Chapter 4 in Aging, Economic Growth, and Old-Age Security in Asia, 2012, pp 111-129 from Edward Elgar Publishing

Abstract: First, the expert contributors argue, Asia must find ways to sustain rapid economic growth in the face of less favorable demographics, which implies slower growth of the workforce. Second, they contend, Asia must find ways to deliver affordable, adequate, and sustainable old-age economic security for its growing elderly population. Underpinned by rigorous analysis, a wide range of concrete policy options for sustaining economic growth while delivering economic security for the elderly are then presented. These include Asia-wide policy options – relevant to the entire region – such as building up strong national pension systems, while other policy options are more relevant to sub-groups of countries.

Keywords: Asian Studies; Development Studies; Social Policy and Sociology (search for similar items in EconPapers)
Date: 2012
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Related works:
Working Paper: Population Aging and Aggregate Consumption in Developing Asia (2011)
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