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Aging Economic Growth And Old Age Security In Asia
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Book Synopsis Aging, Economic Growth, and Old-age Security in Asia by : Donghyun Park
Download or read book Aging, Economic Growth, and Old-age Security in Asia written by Donghyun Park and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population aging is perhaps the single biggest economic and social obstacle confronting AsiaÕs future. The region-wide demographic transition towards an older population is fundamentally reshaping the demographic landscape, and is giving rise to two key socio-economic challenges. This timely book provides an in-depth analysis of these challenges and presents concrete policy options for tackling them. First, the expert contributors argue, Asia must find ways to sustain rapid economic growth in the face of less favorable demographics, which implies slower growth of the workforce. Second, they contend, Asia must find ways to deliver affordable, adequate and sustainable old-age economic security for its growing elderly population. Underpinned by rigorous analysis, a wide range of concrete policy options for sustaining economic growth while delivering economic security for the elderly are then presented. These include Asia-wide policy options Ð relevant to the entire region Ð such as building up strong national pension systems, whilst other policy options are more relevant to sub-groups of countries. This stimulating and informative book will be of great interest to academics, students and researchers with an interest in Asian studies, economics generally, and more specifically, public sector economics.
Book Synopsis Aging in Asia by : National Research Council
Download or read book Aging in Asia written by National Research Council and published by National Academies Press. This book was released on 2012-07-31 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.
Book Synopsis Live Long and Prosper by : World Bank
Download or read book Live Long and Prosper written by World Bank and published by World Bank Publications. This book was released on 2015-12-10 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aging is a challenge which countries in East Asia and Pacific (EAP) regions are grappling with or will soon confront. It raises many questions for policymakers ranging from potential macroeconomic impacts, to fiscal challenges of supporting pension, health and long-term care systems, and labor market implications as countries seek to promote productive aging. The urgency of the aging challenge varies across the region, but it will confront all EAP countries in time and early preparation is essential to avoid the missteps of other regions. Live Long and Prosper discusses the societal and public policy challenges and reform options for EAP countries as they address aging. It aims to strike a balance between aging optimists and pessimists. On the one hand, the impacts of aging on growth, labor markets and public spending are not the unavoidable catastrophe often feared. However, minimizing the downside risks of aging and ensuring healthy and productive aging will require proactive public policy, political leadership, and new mindsets across society. The report reviews the evidence on demographic transition in EAP and its potential macroeconomic impact. It addresses the current policy environment including pensions and social security, health, and long-term care and labor markets to assess the risks of 'business as usual'. It also suggests policy directions to promote healthy and productive aging in EAP, and emphasizes that aging is not just about older people, but requires policy and behavioral change across the life cycle.
Book Synopsis Pension Systems and Old-Age Income Support in East and Southeast Asia by : Donghyun Park
Download or read book Pension Systems and Old-Age Income Support in East and Southeast Asia written by Donghyun Park and published by Routledge. This book was released on 2012-03-15 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Old age income support will be one of the biggest social and economic challenges facing Asia in the twenty-first century. The growing spotlight on old age income support is largely due to exceptionally rapid population aging which is fundamentally reshaping Asia’s demographic profile. A young continent reaping the demographic dividend of a large youthful workforce is giving way to a greying continent where the ratio of retirees to workers is on the rise. In contrast to industrialized countries, most Asian countries do not yet have mature, well-functioning pension systems. As a result, they are ill prepared to provide economic security for the large number of retirees who loom on the region’s horizon. This book takes a close look at the pension systems of eight countries in East and Southeast Asia – namely, China, Indonesia, Korea, Malaysia, Philippines, Singapore, Thailand and Vietnam – which encompass a wide range of income and development levels. The book provides a comprehensive overview of pension systems in the eight countries, including an in-depth diagnosis to identify their major weaknesses and shortcomings. On the basis of the diagnosis, the book sets forth concrete and specific policy options for reforming Asia’s pension systems. Many policy options for reform are country-specific. For example, a top priority in China is to extend the pension system to rural areas. At the same time, a number of reforms – such as the need to extend coverage – resonate across the entire region. Appropriate reform will enable the region’s pension systems to deliver affordable, adequate and sustainable old-age economic security.
Download or read book Ageing in Asia written by and published by . This book was released on 1997 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis China’s Population Aging and the Risk of ‘Middle-income Trap’ by : Xueyuan Tian
Download or read book China’s Population Aging and the Risk of ‘Middle-income Trap’ written by Xueyuan Tian and published by Springer. This book was released on 2017-07-05 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes a series of reports that mainly discuss the Middle Income Trap against the backdrop of population ageing in China. It also offers practical suggestions on how to avoid it properly. Concretely, it argues that the government should accelerate the transition of economic development modes, resolve concentrated social conflicts, promote a balanced rural and urban development during the process of urbanization, and mitigate the effects of population ageing by fostering strengths and avoiding weaknesses. As for the challenges posed by population ageing in China, it puts forward five core suggestions tailored to China’s unique situation. Assessing a number of real-world challenges, the general report and the special reports combine theory and empirical findings, using primary data for their analyses. Given the wealth of essential information it provides, the book offers a valuable reference resource for decision-makers.
Download or read book Golden Aging written by Maurizio Bussolo and published by World Bank Publications. This book was released on 2015-06-23 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Societies across Europe and Central Asia are aging, but people are not necessarily living longer. This demographic trend-caused by a decrease in fertility rather than improved longevity-presents both challenges and opportunities for governments, the private sector, and individuals alike. Some of the challenges are well known. Output per capita becomes smaller if it is shared with an increasingly larger group of dependent older people. At a certain point, there may not be sufficient resources to maintain the living standards of this older group, especially if rising expenditures on health care, long-term care, and pensions must be financed through the contributions and taxes paid by ever-smaller younger age groups. Working adults also contribute the most to the pool of savings. As the size of this group shrinks, savings will decline. But these challenges can be transformed into opportunities. Consider these examples: As longevity increases, workers tend to stay in the workforce longer, and, with the right incentives, they will increase their savings. Many current workers, and perhaps even more in the future, will thus not necessarily become dependent once they turn 65. And with slower population growth and smaller young age groups, societies will have an opportunity to improve the quality of education and maintain productivity. Firms in some countries are already adapting by capitalizing on skills that appreciate with age. Cardiovascular diseases account for more than half the difference in life expectancy (above age 50) between the region and Western Europe for men and 75 percent of the corresponding difference for women. Healthier behavior and health systems focused on preventive care could, with no cost increase, dramatically reduce this risk. These opportunities are not to be missed. As populations age, public discourse ranges from concerns about economic decline and fiscal sustainability of pensions and health systems to optimism about opportunities for healthier and more productive aging. The main contribution of Golden Aging is perhaps to show that demography and its consequences are not fixed. Much will depend on how people, firms, and societies adapt and how policy makers and institutions facilitate their behavioral adjustments. The future for Europe and Central Asia does not have to be gray-it can be a golden era of healthy, active, and prosperous aging.
Book Synopsis Ageing in Southeast and East Asia by : Lee Hock Guan
Download or read book Ageing in Southeast and East Asia written by Lee Hock Guan and published by Institute of Southeast Asian Studies. This book was released on 2008 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines national ageing policies and programs, the sustainability of existing pension systems, housing and living arrangements, inter-generational transfer, and aspects of quality of life of the elderly population.
Book Synopsis Social Protection for Older Persons by : Sri Wening Handayani
Download or read book Social Protection for Older Persons written by Sri Wening Handayani and published by Asian Development Bank. This book was released on 2012-07-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rising number of older persons in Asia has accentuated the importance of strengthening the systems of social protection in the region. This book examines the effectiveness and relevance of noncontributory or social pensions in supporting older persons in Asia. It discusses the political economy and financial sustainability of social pension reform, implications for gender equity and social rights, and design and implementation challenges. Case studies from Bangladesh, Nepal, Thailand, Viet Nam, and South Caucasus and Central Asia provide key lessons for informing development policy and practice in Asia and the Pacific.
Book Synopsis Ageing in East Asia by : Tsung-hsi Fu
Download or read book Ageing in East Asia written by Tsung-hsi Fu and published by Routledge. This book was released on 2009-02-13 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ageing populations present considerable challenges to welfare states internationally, and East Asia is no exception. Demographics show that countries in East Asia either have the highest proportion of older people, or the speed at which their population is ageing is faster than anywhere else in the world. This book explores the causes and trends of population ageing in eight countries, and discusses the challenges and impacts of population ageing on public policies. East Asian countries have developed new policies to meet older people’s needs – across health, social care, income maintenance, employment and housing. Ageing in East Asia provides the first comprehensive introduction to ageing policies in East Asian countries. The book: explores causes and trends of population ageing discusses the challenges and impacts of population ageing on public policies examines the important strategic and theoretical policy contexts of ageing policies in East Asian countries covers eight East Asian countries in dedicated chapters: examining Japan, China, South Korea, Taiwan, Hong Kong, Singapore, Malaysia and Thailand. This volume brings East Asian countries clearly into focus, and illuminates the state of welfare development internationally. It provides an important resource for lecturers, students, researchers and policy makers with interest in East Asia, older people and welfare policy.
Book Synopsis The Economic Consequences of Demographic Change in East Asia by : Takatoshi Ito
Download or read book The Economic Consequences of Demographic Change in East Asia written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2010-10-15 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent studies show that almost all industrial countries have experienced dramatic decreases in both fertility and mortality rates. This situation has led to aging societies with economies that suffer from both a decline in the working population and a rise in fiscal deficits linked to increased government spending. East Asia exemplifies these trends, and this volume offers an in-depth look at how long-term demographic transitions have taken shape there and how they have affected the economy in the region. The Economic Consequences of Demographic Change in East Asia assembles a group of experts to explore such topics as comparative demographic change, population aging, the rising cost of health care, and specific policy concerns in individual countries. The volume provides an overview of economic growth in East Asia as well as more specific studies on Japan, Korea, China, and Hong Kong. Offering important insights into the causes and consequences of this transition, this book will benefit students, researchers, and policy makers focused on East Asia as well as anyone concerned with similar trends elsewhere in the world.
Book Synopsis Pension Systems in East and Southeast Asia by : Donghyun Park
Download or read book Pension Systems in East and Southeast Asia written by Donghyun Park and published by Asian Development Bank. This book was released on 2012-08-01 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population aging poses two major challenges for Asian policy makers: (i) sustaining rapid economic growth in the face of less favorable demographic conditions; and (ii) providing affordable, adequate, sustainable old-age income support for a large and growing elderly population. This book explores the second issue by examining the pension systems of eight countries in East and Southeast Asia: the People's Republic of China, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. It also puts forward both country-specific and region-wide reforms to address two critical areas of pension reform, namely, fairness and sustainability.
Book Synopsis Social Security for the Elderly by : S. Irudaya Rajan
Download or read book Social Security for the Elderly written by S. Irudaya Rajan and published by Routledge. This book was released on 2014-07-16 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book overviews the issue of population ageing in five countries in South Asia and projects the emerging scenarios. With a new field survey, it also documents existing policies and programs on pensions and social security, and examines their fiscal implications for the economy and society. Ageing of population is an inevitable consequence of the process of demographic transition. Being ahead, the developed regions of the world have long experienced its consequences; but the developing world is only now facing the travails of population ageing. Though the population under the age of 15 years in 2000 was estimated to be 3.3 times the size of the population of 60 years and above, the elderly are expected to surpass the number of children under 15 years by the year 2050. Among the elderly, it is the oldest old—those aged 80 years or more, whose numbers would increase most rapidly. Much of this growth would take place in the poor countries of the world. Five South Asian countries (India, Pakistan, Bangladesh, Sri Lanka and Nepal) account for 100 million elderly persons in the beginning of 21st century and it is expected to reach 400 million in 2050. What are the fiscal implications of this tremendous growth for sustaining pensions and social security schemes in South Asia? Are these countries in need of pension reforms? Would these countries be able to provide good health care for the growing population of elderly persons afflicted by multiple diseases and disability? Experts from leading economic research institutions address the issue with a new survey conducted in each country. The book, in effect: Assesses the ageing scenario in five countries in South Asia: past, present, and future; Reviews existing policies and programs on pensions and social security for the elderly; Reports the findings of a sample survey in each of these countries conducted for this work in order to assess the nature, magnitude, and adequacy of various forms of pensions and social assistance; Suggests broad-based comprehensive pension and social security policies in South Asia. .
Book Synopsis Ageing and Long-term Care by : David R Phillips
Download or read book Ageing and Long-term Care written by David R Phillips and published by Institute of Southeast Asian Studies. This book was released on 2002-10-21 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The case-studies focus on the emergence, extent and nature of national policies on ageing and associated strategies to address long term care needs. Key opportunities for constraints on policy are identified in this first round of regional studies. Written by prominent researchers in Hong Kong, Korea, Malaysia, Singapore.
Download or read book Averting the Old Age Crisis written by and published by World Bank Publications. This book was released on 1994-01-01 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study suggests that certain regional actions, such as concerted efforts by East Asian governments to liberalize trade and investment, can bring great benefits to the region and the rest of the world. It concentrates on the evolution of trade, its contribution to growth, and the positive impact of foreign direct investment (FDI) on growth and export expansion in the region. But the report also states that the present global consensus on the benefits of liberalized trade provides an unprecedented opportunity for action. Four broad conclusions are reached on the direction of trade and investment liberalization in the region: 1) The region is too important a player in international trade to remain on the sidelines while the industrial countries make major policy decisions. 2) Existing trade imbalances between East Asia and the industrialized countries may be unsustainable. 3) The short-term balance of payments deficits arising from tariff cuts could be more than made up by long-term foreign direct investment flows. 4) A broad-based reduction in protection levels that applies to imports from all countries, whether in East Asia or not, would benefit the region and the rest of the world. Attention is also drawn to the merits of liberalization on a most-favored-nation (MFN) basis instead of through preferential arrangements.
Book Synopsis Is Asia Prepared for an Aging Population? by : Peter S. Heller
Download or read book Is Asia Prepared for an Aging Population? written by Peter S. Heller and published by International Monetary Fund. This book was released on 2006-12 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging population is decidedly mixed. While growth policies have been successful, much work is still needed in many countries to establish an adequate and farsighted policy framework in the areas of pensions, health insurance, and labor market policies.
Download or read book Ageing in ASEAN written by Chen Ai Ju and published by Institute of Southeast Asian Studies. This book was released on 1989 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the key findings of studies done under the ASEAN Phase III Population Project, Socio-Economic Consequences of the Ageing of the Population in Indonesia, Malaysia, the Philippines, Singapore, and Thailand. It begins by outlining the demographic background to the ageing process in these countries and a projection of the situation of ageing into the future. It examines the profile of the aged and gives a brief overview of the living arrangements of the elderly, their employment, financial support, and health care, and the role played by their children in old age security. It then goes on to describe the services provided at the national and local levels by government and private agencies and gives an evaluation of the role and contribution of the aged in the community. The book ends with a discussion on the social and policy implications of ageing in each of the participating countries.
