Population ageing in Asia and the Pacific: Dependency metrics for policy

Rafal Chomik; Peter McDonald; John Piggott

doi:10.1016/j.jeoa.2016.05.002

Population ageing in Asia and the Pacific: Dependency metrics for policy

Rafal Chomik^*, Peter McDonald, John Piggott

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

22 Citations (Scopus)

Abstract

This paper explores the effects of population ageing in Asia. Standard demographic dependency ratios leave out much of economic significance from demographic projections. We examine, adapt and estimate various measures of dependency, indicative of health, long term care, labour market, economic wellbeing, and fiscal sustainability, and relate them to one another. A range of projection scenarios is used to illustrate the effects of social, institutional and policy changes across several Asia–Pacific economies chosen to represent Asia's demographic, social and economic diversity.

Original language	English
Pages (from-to)	5-18
Number of pages	14
Journal	Journal of the Economics of Ageing
Volume	8
DOIs	https://doi.org/10.1016/j.jeoa.2016.05.002
Publication status	Published - 1 Dec 2016

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abstract = "This paper explores the effects of population ageing in Asia. Standard demographic dependency ratios leave out much of economic significance from demographic projections. We examine, adapt and estimate various measures of dependency, indicative of health, long term care, labour market, economic wellbeing, and fiscal sustainability, and relate them to one another. A range of projection scenarios is used to illustrate the effects of social, institutional and policy changes across several Asia–Pacific economies chosen to represent Asia's demographic, social and economic diversity.",

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AB - This paper explores the effects of population ageing in Asia. Standard demographic dependency ratios leave out much of economic significance from demographic projections. We examine, adapt and estimate various measures of dependency, indicative of health, long term care, labour market, economic wellbeing, and fiscal sustainability, and relate them to one another. A range of projection scenarios is used to illustrate the effects of social, institutional and policy changes across several Asia–Pacific economies chosen to represent Asia's demographic, social and economic diversity.

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KW - Pensions

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KW - Social policy

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Population ageing in Asia and the Pacific: Dependency metrics for policy

Abstract

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