Is Asia Prepared for an Aging Population?
December 1, 2006
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Order a Print CopyDisclaimer: 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
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.
Subject: Aging, Health care, Income, Population and demographics, Social assistance spending
Keywords: economic growth, government policy, labor force, low income, State assets, WP
Pages:
33
Volume:
2006
DOI:
Issue:
272
Series:
Working Paper No. 2006/272
Stock No:
WPIEA2006272
ISBN:
9781451865325
ISSN:
1018-5941
