Can technology offset the effects of population aging on economic growth? New report from the Asian Development Bank

Date
2020-03-27
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Honolulu, HI : East-West Center
Abstract
Population aging will leave many countries in Asia increasingly dependent on an aging, and eventually a shrinking, workforce. An aging workforce is often viewed as an impediment to economic growth, but experience from economies in advanced stages of aging suggests that, with the right policies, population aging can induce innovation and adoption of new technologies and so promote productivity and sustained growth.
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