Demographic change in the Asian century: Implications for Australia and the region

Peter Mcdonald*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    2 Citations (Scopus)

    Abstract

    Declining fertility and mortality rates in the second half of the twentieth century have led to the twenty-first century being characterised as the century of the aging population. Concurrently, the decline in the numbers of young people entering the labour force is exacerbating the problems arising from the aging population. Implications of these trends are analysed for a variety of Asian countries. Labour force growth in India and Pakistan will be sufficient to compensate for the shrinking labour forces in Europe and Asia excluding the massive fall in China; outsourcing labour to South Asia will be an increasing trend in the twenty-first century. The Asian countries with less problematic demographic structures are instead facing economic challenges and require education and training to improve labour productivity.

    Original languageEnglish
    Pages (from-to)155-172
    Number of pages18
    JournalAsia and the Pacific Policy Studies
    Volume3
    Issue number2
    DOIs
    Publication statusPublished - May 2016

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