Why Does Population Aging Matter so Much for Asia? Population Aging, Economic Growth, and Economic Security in Asia

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The views expressed in this paper are those of the author(s) and do not necessarily reflect the views or policies of the Asian Development Bank. Terms of use: Documents inThe ADB Economics Working Paper Series is a forum for stimulating discussion and eliciting feedback on ongoing and recently completed research and policy studies undertaken by the Asian Development Bank (ADB) staff, consultants, or resource persons. The series deals with key economic and development problems, particularly those facing the Asia and Pacific region; as well as conceptual, analytical, or methodological issues relating to project/program economic analysis, and statistical data and measurement. The series aims to enhance the knowledge on Asia's development and policy challenges; strengthen analytical rigor and quality of ADB's country partnership strategies, and its subregional and country operations; and improve the quality and availability of statistical data and development indicators for monitoring development effectiveness.

The Impact of Ageing and the Speed of Ageing on the Economic Growth of Least Developed, Emerging and Developed Countries, 1990–2013

“…The current demographic transition process is often considered as having a negative effect on economic growth as the proportion of the old age group is higher than the working and young age groups (Lee et al., ; Lisenkova et al., ; Bell and Rutherford, ; Cuaresma et al., ). In fact, Bloom et al.…”

“…The constant rise in life expectancy and the fall in the fertility rate were at the root of a demographic transition (Lee et al., ; Navaneetham and Dharmalingam, ). A proportionately higher older population is expected to impact on the economic growth of countries since individuals’ needs, preferences and their physical capability change as they age (Bloom et al., ; Lisenkova et al., ).…”

Aging in India- The Role of State in Health care

“…(Hodgson, 1988). The world population began to decline in the mid-1970s when, in numerous developed nations, the working-age populations (aged between 25-59 years) started to increase faster than the child population (Lee et al, 2011). This imbalance in the population structure has made the alleged "demographic dividend", deciphered in terms of positive productivity growth in developed countries for few years (Bloom et al, 2001).…”

“…As a result, their populations are composed of many working age individuals and fewer children to succeed them in the future (Lee et al, 2011). This disproportional age structure leads to scarcity in labour supply and a decline in labour productivity, because the individuals" capacities seem to change along with their age.…”

Assessing Older Adults’ Information Technology Ability: The Development of a Multiple Item Scale

“…Therefore, the research community has divided seniors into three stages: the young-old, who are 65 to 74 years old; the old-old, who are 75 to 85 years old; and the oldestold, who are 85 years old and older (Schaie & Willis, 2002). According to the United Nations Statistics Division, a society in which the population is more than 7% of individuals age 65 and older is considered an aging society, one exceeding 14% is an aged society, and one exceeding 20% is a superaged society (Lee, Mason, & Park, 2011). In Taiwan, the elderly account for 10.7% of the total population, a number that is expected to exceed 14% in 2017, indicating an aged society; by 2025, Taiwan will become a superaged society, with 20% elderly people (Council for Economic Planning and Development, 2012).…”