Implications for Savings of Aging in the Asian “Tigers”

Author/Editor:

Steven A. Symansky ; Peter S. Heller

Publication Date:

October 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Significant aging is projected for many high-saving emerging economies of East and Southeast Asia. By 2025, the share of the elderly in their populations will at least double in most of these countries. The share of the young will fall. Aging populations could adversely affect saving rates in these economies, particularly after 2025. For the world, one may observe that, initially, the Asian Tigers could become increasingly important for world savings, reflecting their increased weight in the world economy, their high saving and growth rates, and the aging of the industrial countries. After 2025, the aging of the Tigers may reinforce the tendency toward a declining world saving rate.

Series:

Working Paper No. 97/136

English

Publication Date:

October 1, 1997

ISBN/ISSN:

9781451855777/1018-5941

Stock No:

WPIEA1361997

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

42

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