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
Show allCollapse