Making the Most of Asia’s Aging Populations
Rapid population aging poses a serious threat to Asia’s long-term economic prospects. But, with the right policies, Asian economies can mitigate the risks of this demographic trend and capitalize on their “silver dividend” to become more productive, resilient, and dynamic than ever.
SEOUL – Asia is aging fast: by 2040, 16% of the region’s population will be older than 65, more than double the 7.8% share in 2015. While the rise in healthy life expectancy is a positive development, this demographic shift poses a serious threat to many economies, which are already losing vitality.