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Are We Missing Out on the Demographic Dividend? Trends and Prospects

Alejandro N. Herrin, John Michael Ian Salas, Michael Abrigo, Danica Aisa P. Ortiz, Rachel H. Racelis and Zhandra C Tam

No RPS 2020-02, Research Paper Series from Philippine Institute for Development Studies

Abstract: The Philippines is slowly ageing. In a little over a decade, the country’s elderly will comprise at least 7 percent of the total population. This rising tide may pose some substantial burden on the country’s resources. Nonetheless, the same economic and demographic forces that will eventually lead to population ageing may also provide potentials for economic growth. This paper documents the country’s historical experience of the demographic dividend using new National Transfer Account time-series estimates for the Philippines. These estimates also reflect how the interaction between public policy and population ageing may affect household welfare and fiscal balance in the foreseeable future.

Keywords: National Transfer Accounts; demographic dividend; Philippines; population; ageing population (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-age and nep-sea
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Citations: View citations in EconPapers (1)

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Working Paper: Are We Missing Out on the Demographic Dividend? Trends and Prospects (2018) Downloads
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