12 min
Demographic Transition and Fiscal Sustainability in Asia and the Pacific Asia's Developing Future
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- Government
By 2050, the global number of persons above 65 years old will double to over 1.5 billion, according to the United Nations, and Asia will continue to have the largest share of the world’s aged population.
In this podcast, Waseda University Associate Professor, Upalat Korwatanasakul provides an overview of demographic transition and its effects on fiscal balance in Asia. He also examines ways to enhance fiscal space against pension as well as how fiscal sustainability can be achieved in economies at varying demographic stages.
Script: adbi.me/3FTV1LJ
By 2050, the global number of persons above 65 years old will double to over 1.5 billion, according to the United Nations, and Asia will continue to have the largest share of the world’s aged population.
In this podcast, Waseda University Associate Professor, Upalat Korwatanasakul provides an overview of demographic transition and its effects on fiscal balance in Asia. He also examines ways to enhance fiscal space against pension as well as how fiscal sustainability can be achieved in economies at varying demographic stages.
Script: adbi.me/3FTV1LJ
12 min