Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity

This background paper was prepared for the East Asia Pacific aging report. The East Asia and Pacific region grew at an unparalleled rate in the past 50 years. This economic boom is partly attributable to unprecedented demographic changes in East Asia during this period. But demographics are only pa...

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Main Authors: Flochel, Thomas, Ikeda, Yuki, Moroz, Harry, Umapathi, Nithin
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
SEX
Online Access:http://documents.worldbank.org/curated/en/2015/11/25246478/macroeconomic-implications-aging-east-asia-pacific-demography-labor-markets-productivity
http://hdl.handle.net/10986/23026
id okr-10986-23026
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic POPULATION AGE STRUCTURE
CHILD HEALTH
CAREGIVERS
FUTURE POPULATION
IMMIGRANT
IMPACT OF POPULATION
FUTURE GROWTH
UNEMPLOYMENT RATES
WORKFORCE
ECONOMIC GROWTH
OLDER MEN
WORKING-AGE POPULATION
URBANIZATION
OLD AGE
RICHER COUNTRIES
EMPLOYMENT OPPORTUNITIES
LABOR FORCE
POPULATION GROUPS
DEVELOPING COUNTRIES
HEALTH CARE
IMMIGRANTS
INDIVIDUAL CHOICES
DEMOGRAPHIC FACTORS
ECONOMIC IMPLICATIONS
ADULT POPULATION
NUMBER OF PEOPLE
FERTILITY TRENDS
POPULATION SIZE
POPULATION AND DEVELOPMENT
OLD-AGE
LONGER LIFE
BABY BOOM
INTERNATIONAL LABOR ORGANIZATION
LIFE EXPECTANCY
WORK EXPERIENCE
AVERAGE TOTAL FERTILITY
PUBLIC POLICY
DEMOGRAPHIC IMPLICATIONS
INTERNATIONAL MIGRATION
LABOR MARKET
DEMOGRAPHIC IMBALANCES
RISING DEMAND
GENDER GAP
QUALITY OF EDUCATION
PERSPECTIVE ON POPULATION
TRAINING
POPULATION STRUCTURE
JOB OPPORTUNITIES
POPULATION CHANGE
EDUCATIONAL ATTAINMENT
POPULATION GROWTH
LOW-INCOME COUNTRIES
POPULATION DIVISION
FERTILITY RATES
INCOME INEQUALITY
BABY
EFFECTS OF POPULATION
AGE POPULATIONS
INVESTMENT IN CHILDREN
FERTILITY DECLINES
DEMOGRAPHIC PROJECTIONS
FERTILITY RATE
MIGRATION
AGE DISTRIBUTION
GENDER NORMS
RATES OF GROWTH
ELDERLY POPULATION
MARRIAGE
SOCIAL SECURITY
DEPENDENCY RATIO
DEPENDENCY RATIOS
OLD- AGE
MIGRANTS
GROSS DOMESTIC PRODUCT
CURRENT POPULATION
MORTALITY
HEALTH CARE SYSTEM
FERTILITY PREFERENCES
ELDERLY
WORKING-AGE POPULATIONS
REGIONAL POPULATION
RESPECT
PROGRESS
EDUCATION SYSTEMS
UNEMPLOYMENT
PATTERNS OF CONSUMPTION
DEMOGRAPHIC TRANSITION
HOUSEHOLD LEVEL
HUMAN CAPITAL
ECOSYSTEM
MIGRANT
OLDER PEOPLE
POLICIES
GENDER DIFFERENCES
OLDER AGE GROUPS
SCHOOL ATTENDANCE
WOMAN
PENSIONS
PURCHASING POWER
DEMOGRAPHIC CHANGE
SCIENTIFIC EVIDENCE
SAFETY NET
CHANGES IN FERTILITY
IMPACT OF MIGRATION
INTERNATIONAL MIGRANT
IMPACTS OF POPULATION
FEWER CHILDREN
ECONOMIC CONSEQUENCES OF POPULATION
GLOBAL POPULATION
MIGRANT WORKERS
POPULATION RESEARCH
NUTRITION
POPULATIONS
TEMPORARY MIGRANTS
DECLINES IN MORTALITY
TEMPORARY MIGRATION
OFFICIAL POPULATION
ADOLESCENTS
SECURITY POLICY
POPULATION ESTIMATES
ELDERLY PEOPLE
CHILDBEARING
POPULATION GROWTH RATE
POLICY
OLDER WOMEN
HUMAN POPULATIONS
WORLD HEALTH ORGANIZATION
YOUNG AGES
NUMBER OF WORKERS
CHILDREN PER WOMAN
SOCIAL AFFAIRS
BABIES
SEX
CONSEQUENCES OF POPULATION
DEMOGRAPHIC CHANGES
GOVERNMENT POLICIES
POPULOUS COUNTRY
POPULATION POLICY
DECLINES IN FERTILITY
UNITED NATIONS POPULATION ESTIMATES
LABOUR FORCE
YOUNG POPULATIONS
PARENTAL LEAVE
WORLD POPULATION
POPULATION PROJECTIONS
NUMBER OF CHILDREN
FEMALE LABOR FORCE
IMMIGRATION
ECONOMIC OPPORTUNITY
OLDER PERSONS
POLICY IMPLICATIONS
YOUNG PEOPLE
LOWER FERTILITY
POPULATION
LABOR SUPPLY
STUDENTS
PURCHASING POWER PARITY
POLICY RESEARCH
FOREIGN POLICY
HOUSEHOLD DUTIES
LOW FERTILITY
FERTILITY
OLDER ADULTS
HOME COUNTRIES
POPULATION DATA
WOMEN
HEALTHY LIFE
LABOR MARKETS
LABOR FORCES
SECONDARY EDUCATION
POPULATION INCREASES
TERTIARY EDUCATION
DECLINE IN FERTILITY
INVESTMENTS IN EDUCATION
POPULATION DYNAMICS
HUMAN DEVELOPMENT
spellingShingle POPULATION AGE STRUCTURE
CHILD HEALTH
CAREGIVERS
FUTURE POPULATION
IMMIGRANT
IMPACT OF POPULATION
FUTURE GROWTH
UNEMPLOYMENT RATES
WORKFORCE
ECONOMIC GROWTH
OLDER MEN
WORKING-AGE POPULATION
URBANIZATION
OLD AGE
RICHER COUNTRIES
EMPLOYMENT OPPORTUNITIES
LABOR FORCE
POPULATION GROUPS
DEVELOPING COUNTRIES
HEALTH CARE
IMMIGRANTS
INDIVIDUAL CHOICES
DEMOGRAPHIC FACTORS
ECONOMIC IMPLICATIONS
ADULT POPULATION
NUMBER OF PEOPLE
FERTILITY TRENDS
POPULATION SIZE
POPULATION AND DEVELOPMENT
OLD-AGE
LONGER LIFE
BABY BOOM
INTERNATIONAL LABOR ORGANIZATION
LIFE EXPECTANCY
WORK EXPERIENCE
AVERAGE TOTAL FERTILITY
PUBLIC POLICY
DEMOGRAPHIC IMPLICATIONS
INTERNATIONAL MIGRATION
LABOR MARKET
DEMOGRAPHIC IMBALANCES
RISING DEMAND
GENDER GAP
QUALITY OF EDUCATION
PERSPECTIVE ON POPULATION
TRAINING
POPULATION STRUCTURE
JOB OPPORTUNITIES
POPULATION CHANGE
EDUCATIONAL ATTAINMENT
POPULATION GROWTH
LOW-INCOME COUNTRIES
POPULATION DIVISION
FERTILITY RATES
INCOME INEQUALITY
BABY
EFFECTS OF POPULATION
AGE POPULATIONS
INVESTMENT IN CHILDREN
FERTILITY DECLINES
DEMOGRAPHIC PROJECTIONS
FERTILITY RATE
MIGRATION
AGE DISTRIBUTION
GENDER NORMS
RATES OF GROWTH
ELDERLY POPULATION
MARRIAGE
SOCIAL SECURITY
DEPENDENCY RATIO
DEPENDENCY RATIOS
OLD- AGE
MIGRANTS
GROSS DOMESTIC PRODUCT
CURRENT POPULATION
MORTALITY
HEALTH CARE SYSTEM
FERTILITY PREFERENCES
ELDERLY
WORKING-AGE POPULATIONS
REGIONAL POPULATION
RESPECT
PROGRESS
EDUCATION SYSTEMS
UNEMPLOYMENT
PATTERNS OF CONSUMPTION
DEMOGRAPHIC TRANSITION
HOUSEHOLD LEVEL
HUMAN CAPITAL
ECOSYSTEM
MIGRANT
OLDER PEOPLE
POLICIES
GENDER DIFFERENCES
OLDER AGE GROUPS
SCHOOL ATTENDANCE
WOMAN
PENSIONS
PURCHASING POWER
DEMOGRAPHIC CHANGE
SCIENTIFIC EVIDENCE
SAFETY NET
CHANGES IN FERTILITY
IMPACT OF MIGRATION
INTERNATIONAL MIGRANT
IMPACTS OF POPULATION
FEWER CHILDREN
ECONOMIC CONSEQUENCES OF POPULATION
GLOBAL POPULATION
MIGRANT WORKERS
POPULATION RESEARCH
NUTRITION
POPULATIONS
TEMPORARY MIGRANTS
DECLINES IN MORTALITY
TEMPORARY MIGRATION
OFFICIAL POPULATION
ADOLESCENTS
SECURITY POLICY
POPULATION ESTIMATES
ELDERLY PEOPLE
CHILDBEARING
POPULATION GROWTH RATE
POLICY
OLDER WOMEN
HUMAN POPULATIONS
WORLD HEALTH ORGANIZATION
YOUNG AGES
NUMBER OF WORKERS
CHILDREN PER WOMAN
SOCIAL AFFAIRS
BABIES
SEX
CONSEQUENCES OF POPULATION
DEMOGRAPHIC CHANGES
GOVERNMENT POLICIES
POPULOUS COUNTRY
POPULATION POLICY
DECLINES IN FERTILITY
UNITED NATIONS POPULATION ESTIMATES
LABOUR FORCE
YOUNG POPULATIONS
PARENTAL LEAVE
WORLD POPULATION
POPULATION PROJECTIONS
NUMBER OF CHILDREN
FEMALE LABOR FORCE
IMMIGRATION
ECONOMIC OPPORTUNITY
OLDER PERSONS
POLICY IMPLICATIONS
YOUNG PEOPLE
LOWER FERTILITY
POPULATION
LABOR SUPPLY
STUDENTS
PURCHASING POWER PARITY
POLICY RESEARCH
FOREIGN POLICY
HOUSEHOLD DUTIES
LOW FERTILITY
FERTILITY
OLDER ADULTS
HOME COUNTRIES
POPULATION DATA
WOMEN
HEALTHY LIFE
LABOR MARKETS
LABOR FORCES
SECONDARY EDUCATION
POPULATION INCREASES
TERTIARY EDUCATION
DECLINE IN FERTILITY
INVESTMENTS IN EDUCATION
POPULATION DYNAMICS
HUMAN DEVELOPMENT
Flochel, Thomas
Ikeda, Yuki
Moroz, Harry
Umapathi, Nithin
Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity
geographic_facet East Asia and Pacific
description This background paper was prepared for the East Asia Pacific aging report. The East Asia and Pacific region grew at an unparalleled rate in the past 50 years. This economic boom is partly attributable to unprecedented demographic changes in East Asia during this period. But demographics are only part of the story. The size of the economic bonus or burden which results from population aging depends on how policy influences labor force participation, savings, human capital accumulation and total factor productivity.
format Report
author Flochel, Thomas
Ikeda, Yuki
Moroz, Harry
Umapathi, Nithin
author_facet Flochel, Thomas
Ikeda, Yuki
Moroz, Harry
Umapathi, Nithin
author_sort Flochel, Thomas
title Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity
title_short Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity
title_full Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity
title_fullStr Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity
title_full_unstemmed Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity
title_sort macroeconomic implications of aging in east asia pacific : demography, labor markets and productivity
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/11/25246478/macroeconomic-implications-aging-east-asia-pacific-demography-labor-markets-productivity
http://hdl.handle.net/10986/23026
_version_ 1764452707421126656
spelling okr-10986-230262021-04-23T14:04:12Z Macroeconomic Implications of Aging in East Asia Pacific : Demography, Labor Markets and Productivity Flochel, Thomas Ikeda, Yuki Moroz, Harry Umapathi, Nithin POPULATION AGE STRUCTURE CHILD HEALTH CAREGIVERS FUTURE POPULATION IMMIGRANT IMPACT OF POPULATION FUTURE GROWTH UNEMPLOYMENT RATES WORKFORCE ECONOMIC GROWTH OLDER MEN WORKING-AGE POPULATION URBANIZATION OLD AGE RICHER COUNTRIES EMPLOYMENT OPPORTUNITIES LABOR FORCE POPULATION GROUPS DEVELOPING COUNTRIES HEALTH CARE IMMIGRANTS INDIVIDUAL CHOICES DEMOGRAPHIC FACTORS ECONOMIC IMPLICATIONS ADULT POPULATION NUMBER OF PEOPLE FERTILITY TRENDS POPULATION SIZE POPULATION AND DEVELOPMENT OLD-AGE LONGER LIFE BABY BOOM INTERNATIONAL LABOR ORGANIZATION LIFE EXPECTANCY WORK EXPERIENCE AVERAGE TOTAL FERTILITY PUBLIC POLICY DEMOGRAPHIC IMPLICATIONS INTERNATIONAL MIGRATION LABOR MARKET DEMOGRAPHIC IMBALANCES RISING DEMAND GENDER GAP QUALITY OF EDUCATION PERSPECTIVE ON POPULATION TRAINING POPULATION STRUCTURE JOB OPPORTUNITIES POPULATION CHANGE EDUCATIONAL ATTAINMENT POPULATION GROWTH LOW-INCOME COUNTRIES POPULATION DIVISION FERTILITY RATES INCOME INEQUALITY BABY EFFECTS OF POPULATION AGE POPULATIONS INVESTMENT IN CHILDREN FERTILITY DECLINES DEMOGRAPHIC PROJECTIONS FERTILITY RATE MIGRATION AGE DISTRIBUTION GENDER NORMS RATES OF GROWTH ELDERLY POPULATION MARRIAGE SOCIAL SECURITY DEPENDENCY RATIO DEPENDENCY RATIOS OLD- AGE MIGRANTS GROSS DOMESTIC PRODUCT CURRENT POPULATION MORTALITY HEALTH CARE SYSTEM FERTILITY PREFERENCES ELDERLY WORKING-AGE POPULATIONS REGIONAL POPULATION RESPECT PROGRESS EDUCATION SYSTEMS UNEMPLOYMENT PATTERNS OF CONSUMPTION DEMOGRAPHIC TRANSITION HOUSEHOLD LEVEL HUMAN CAPITAL ECOSYSTEM MIGRANT OLDER PEOPLE POLICIES GENDER DIFFERENCES OLDER AGE GROUPS SCHOOL ATTENDANCE WOMAN PENSIONS PURCHASING POWER DEMOGRAPHIC CHANGE SCIENTIFIC EVIDENCE SAFETY NET CHANGES IN FERTILITY IMPACT OF MIGRATION INTERNATIONAL MIGRANT IMPACTS OF POPULATION FEWER CHILDREN ECONOMIC CONSEQUENCES OF POPULATION GLOBAL POPULATION MIGRANT WORKERS POPULATION RESEARCH NUTRITION POPULATIONS TEMPORARY MIGRANTS DECLINES IN MORTALITY TEMPORARY MIGRATION OFFICIAL POPULATION ADOLESCENTS SECURITY POLICY POPULATION ESTIMATES ELDERLY PEOPLE CHILDBEARING POPULATION GROWTH RATE POLICY OLDER WOMEN HUMAN POPULATIONS WORLD HEALTH ORGANIZATION YOUNG AGES NUMBER OF WORKERS CHILDREN PER WOMAN SOCIAL AFFAIRS BABIES SEX CONSEQUENCES OF POPULATION DEMOGRAPHIC CHANGES GOVERNMENT POLICIES POPULOUS COUNTRY POPULATION POLICY DECLINES IN FERTILITY UNITED NATIONS POPULATION ESTIMATES LABOUR FORCE YOUNG POPULATIONS PARENTAL LEAVE WORLD POPULATION POPULATION PROJECTIONS NUMBER OF CHILDREN FEMALE LABOR FORCE IMMIGRATION ECONOMIC OPPORTUNITY OLDER PERSONS POLICY IMPLICATIONS YOUNG PEOPLE LOWER FERTILITY POPULATION LABOR SUPPLY STUDENTS PURCHASING POWER PARITY POLICY RESEARCH FOREIGN POLICY HOUSEHOLD DUTIES LOW FERTILITY FERTILITY OLDER ADULTS HOME COUNTRIES POPULATION DATA WOMEN HEALTHY LIFE LABOR MARKETS LABOR FORCES SECONDARY EDUCATION POPULATION INCREASES TERTIARY EDUCATION DECLINE IN FERTILITY INVESTMENTS IN EDUCATION POPULATION DYNAMICS HUMAN DEVELOPMENT This background paper was prepared for the East Asia Pacific aging report. The East Asia and Pacific region grew at an unparalleled rate in the past 50 years. This economic boom is partly attributable to unprecedented demographic changes in East Asia during this period. But demographics are only part of the story. The size of the economic bonus or burden which results from population aging depends on how policy influences labor force participation, savings, human capital accumulation and total factor productivity. 2015-11-18T19:24:29Z 2015-11-18T19:24:29Z 2014-08-08 Report http://documents.worldbank.org/curated/en/2015/11/25246478/macroeconomic-implications-aging-east-asia-pacific-demography-labor-markets-productivity http://hdl.handle.net/10986/23026 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific