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    Population Aging and Economic Growth: Impact and Policy Implications

    Lee, Jaejoon | June 2019
    Abstract
    Korea is aging at a faster pace than any other major country, and the negative impact on the economy is expected to be considerable. In thirty years, the old-age dependency ratio is projected to exceed 70% and GDP growth to mark around the 1% range. This would pose a tremendous threat to sustainability unless the economy makes significant improvements in productivity and the employment structure.
    Citation
    Lee, Jaejoon. 2019. Population Aging and Economic Growth: Impact and Policy Implications. © Korea Development Institute. http://hdl.handle.net/11540/13127. License: CC BY-NC-ND 2.2.
    Keywords
    Health Care Financing
    Financial Security
    Financial Assistance
    Aged Health
    Health Care System
    Health Care Policy
    Access to Health Care
    Public Expenditure
    Insurance Companies
    Fiscal Administration
    Medical Costs
    Macroeconomic
    Macroeconomic Analysis
    Macroeconomic Framework
    Macroeconomic Models
    Macroeconomic Performance
    Macroeconomic Planning
    Macroeconomic Policies
    Macroeconomic Reform
    Macroeconomic Stabilization
    Development Economics
    Regional Economic Development
    Economic Impact
    Economic Crisis
    Economic Efficiency
    Economic Policies
    Regional Economic Development
    Job Evaluation
    Evaluation
    Macroeconomic
    Macroeconomic Analysis
    Performance Evaluation
    Impact Evaluation
    Economic Welfare
    Economic Incentives
    Economic Efficiency
    Sustainable development
    Medical Costs
    Health Costs
    Rural Population
    Urban Population
    Public Health Finance
    Health Financing
    Health Care Financing
    Financial Policy
    Health Sector Reform
    Health Care Cost Control
    Universal Health Coverage
    Social condition
    Economic dependence
    Economic assistance
    International monetary relations
    International monetary relations
    International trade
    National accounting
    Economies in transition
    Economic agreements
    Social condition
    Economic dependence
    Economic assistance
    Crisis
    Unemployment
    Economic cooperation
    Gross domestic product
    Employment
    Economic forecast
    Economic indicators
    Growth models
    Gross domestic product
    Macroeconomics
    Economic forecast
    Nursing homes
    Long-term care facilities
    Hospices
    Accounts payable
    Vouchers
    Insurance carriers
    Medicines
    Aging
    Comparative economics
    Index number
    Monetary policy
    Value analysis
    Adjustment cost
    Transaction cost
    Financial crisis
    Labor economics
    Regional economics
    Turnover
    Economic survey
    Job analysis
    Labor turnover
    Economic development projects
    Economic policy
    Economic forecasting
    Wages and labor productivity
    Efficiency wage theory
    Income Distribution
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    Citable URI
    http://hdl.handle.net/11540/13127
    Metadata
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    Thumbnail
    16154_2.pdf (332.4Kb)
    Author
    Lee, Jaejoon
    Theme
    Health
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise