Population, Wealth, and Economic Growth in the Asia and Pacific Region
Mason, Andrew; Lee, Sang-Hyop | October 2011
Abstract
This paper shows how changes in population age structure have been favorable to improved living standards throughout developing Asia during recent decades. However, over the decades, growth in the oldest age groups could serve as a serious drag on economic growth. Given appropriate development policies, however, population aging can lead to increased capital, greater investment in education and health, and continued economic growth.
Citation
Mason, Andrew; Lee, Sang-Hyop. 2011. Population, Wealth, and Economic Growth in the Asia and Pacific Region. © Asian Development Bank. http://hdl.handle.net/11540/2004. License: CC BY 3.0 IGO.Keywords
Economic Welfare
Economic Incentives
Social condition
Economic dependence
Economic assistance
Welfare economics
Welfare state
Poor
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http://hdl.handle.net/11540/2004Metadata
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