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    How to Fill the Working-Age Population Gap in Asia: A Population Accounting Approach

    Kang, Jong Woo; Magoncia, Grendell Vie | November 2016
    Abstract
    The world faces growing challenges of aging populations. Asia is no exception with rapidly increasing life expectancies and falling fertility rates. To help policy makers address these issues, this paper examines three sociopolicy options: (i) extending the retirement age, (ii) augmenting labor migration within the region, and (iii) through using population accounting methodology with the goal of increasing fertility rates. When the retirement age is extended from 65 to 70, the overall dependency ratio in 2050 would decline from 56.7% to 44.7%. If the 2010 dependency ratio were to be maintained, the region would need to import significant numbers of workers aged 15‒44 even as those aged 45‒64 would be in surplus. India, Pakistan, and the Philippines will be major sources of surplus labor. Raising fertility rates to the 2.1% replacement level will increase the dependency ratio for the time being, but will eventually reduce it over several decades depending on each country’s demographic structure.
    Citation
    Kang, Jong Woo; Magoncia, Grendell Vie. 2016. How to Fill the Working-Age Population Gap in Asia: A Population Accounting Approach. © Asian Development Bank. http://hdl.handle.net/11540/8829. License: CC BY 3.0 IGO.
    ISSN
    2313-6537 (Print)
    2313-6545 (e-ISSN)
    Keywords
    Development Challenges
    Asian Development Bank
    Development Management
    Skills Development
    Performance Evaluation
    Evaluation Methods
    Evaluation
    Job Evaluation
    Staff Development
    Job Evaluation
    Evaluation
    Performance Evaluation
    Program Evaluation
    The Development Agenda
    Staff Development
    Skills Development
    Asian Development Bank
    Results-Based Monitoring And Evaluation
    Project Evaluation & Review Technique
    Project Evaluation
    Program Evaluation
    Performance Evaluation
    Operations Evaluation
    Evaluation Methods
    Economic development
    Standard of living
    Trade development
    Employment
    Performance appraisal
    Needs assessment
    Input output analysis
    ADB
    Employment
    Performance appraisal
    Project failure
    Project impact
    Project appraisal
    Career development
    Vocational training
    Labor policy
    Manpower policy
    Promotions
    Career development
    Job analysis
    Participative management
    Grievance procedures
    Supervisors
    Vocational guidance
    Rural manpower policy
    Career development
    Applications for positions
    Affirmative action programs
    Labor turnover
    Self-evaluation
    Supervisors
    Cumulative effects assessment
    Participatory monitoring and evaluation
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/8829
    Metadata
    Show full item record
    Thumbnail
    ewp-499.pdf (1.257Mb)
    Author
    Kang, Jong Woo
    Magoncia, Grendell Vie
    Theme
    Development
    Evaluation
    Labor Migration

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise