Events

Technology and Aging Workforce: Maximize the Gains from Longevity and Long Working Life

17 May 2018 to 18 May 2018
Seoul
Republic of Korea

Some Asian economies are aging at unprecedented speed. While there are other economies that remain young, no Asian economies will be safe from risk of growing old before becoming rich. In addition to this, technological advances such as robotics and artificial intelligence (AI) will no doubt play a role in reshaping the future of work. It is therefore important to harness the potential of new technologies to maintain and enhance productivity by extending the productive working life of senior workers and better equipping young work force for future work to contribute greatly to higher economic growth. 

This event served as an inception workshop that explored this emerging research agenda though the presentations of innovative papers by invited scholars and experts. The workshop evaluated the impact of demographic change and assessed the effects of technology substitution on labor productivity, discussed education- and training-related needs, and the role of regional cooperation in addressing the challenges associated with the impact of demographic change and coping with technological advancement.

Program and Learning Materials: 
Date Session / Activity Presentation Material Speaker(s)
17 May 2018 Opening Session Welcome Remarks Jong-Wha Lee
17 May 2018 Opening Session Opening Remarks Jong Woo Kang
17 May 2018 Opening Session Opening Remarks Christina Schönleber
17 May 2018 Keynote Presentation Demographics and Technological Change: Two Megatrends Shaping the Labor Market in Asia
Asia is experiencing rapid ageing and technological change, which can affect productivity growth, human capital, and technological change. In...
John Piggott, Rafal Chomik
17 May 2018 Session 1: Aging, Demographic Change and Growth in Asia Nonlinear Effects of Population Aging on Economic Growth
Using the panel data consisting of 142 countries for the period between 1960 and 2014, the authors assessed the nonlinear effects of population...
Hyun-Hoon Lee, Kwanho Shin
17 May 2018 Session 1: Aging, Demographic Change and Growth in Asia Discussion on “Nonlinear Effects of Population Aging on Economic Growth”
In discussing the presentation on “Nonlinear Effects of Population Aging on Economic Growth” presented by Hyun-Hoon Lee, the presenter noted...
Kiseok Hong
17 May 2018 Session 1: Aging, Demographic Change and Growth in Asia Firm and Worker Dynamics in an Aging Labor Market
The author assesses the impact of an aging labor force on business dynamism, labor market fluidity, and economic growth. The analysis embeds...
Niklas Engbom
17 May 2018 Session 1: Aging, Demographic Change and Growth in Asia Discussion on "Firm and Worker Dynamics in an Aging Labor Market"
In discussing the presentation on the “Firm and Worker Dynamics in an Aging Labor Market” by Niklas Engbom, the presenter offers an alternative...
Jongsuk Han
17 May 2018 Session 2-1: Aging, Labor Force Participation, Productivity and Growth; Case Studies Changes in Labor Force Participation in China
The People’s Republic of China is a fast-growing and transitional economy that is experiencing drastic demographic shifts, but little is known...
Suqin Ge, Junsen Zhang
17 May 2018 Session 2-1: Aging, Labor Force Participation, Productivity and Growth; Case Studies Discussion on "Changes in Labor Force Participation in China"
In discussing the presentation on the “Changes in Labor Force Participation in China” by Suqin Ge and Junsen Zhang, the presenter acknowledges...
Rafal Chomik
17 May 2018 Session 2-1: Aging, Labor Force Participation, Productivity and Growth; Case Studies Health Capacity to Work at Older Ages: Evidence from Japan
The labor force participation rate among Japanese men and women over the age of 65 has increased since 2010. This research shows that older ...
Emiko Usui, Satoshi Shimizutani, Takashi Oshio
17 May 2018 Session 2-1: Aging, Labor Force Participation, Productivity and Growth; Case Studies Discussion on "Health Capacity to Work at Older Ages: Evidence from Japan"
Reacting to the main presentation, the author noted the importance of the topic health capacity to work and the useful results of the research...
Seik Kim
17 May 2018 Session 2-2: Aging, Labor Force Participation, Productivity and Growth; Case Studies Demographic Change and Labor Quality in the Republic of Korea
The authors conducted research to analyze the Republic of Korea’s human resource development from 1986 to 2016, measure changes in labor resources...
Jong-Wha Lee, Jongsuk Han
17 May 2018 Session 2-2: Aging, Labor Force Participation, Productivity and Growth; Case Studies Discussion on "Demographic Change and Labor Quality in the Republic of Korea"
In his reaction, the presenter noted that in theRepublic of Korea, the wage profile follows seniority, and the notion of equal pay for equal...
Kwanho Shin
17 May 2018 Session 2-2: Aging, Labor Force Participation, Productivity and Growth; Case Studies Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan
In this presentation, the authors have measured the untapped work capacity of old persons, using the microdata gathered in the Japanese Study...
Rikiya Matsukura, Naohiro Ogawa, Norma Masor
17 May 2018 Session 2-2: Aging, Labor Force Participation, Productivity and Growth; Case Studies Discussion on “Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan"
In discussing the presentation on "Untapped work capacity among old persons and their potential contributions to the ‘silver demographic dividend...
Nai Peng Tey
17 May 2018 Day 1 Closing Remarks Moonsung Kang
Date Session / Activity Presentation Material Speaker(s)
18 May 2018 Session 3: The role of technology in aging workforce; theories and case studies Asian Development Outlook: How Technology Affects Jobs
Despite the advent of the Fourth Industrial Revolution, job prospects in Asia are positive. Emerging technologies often automate only some tasks...
Sameer Khatiwada
18 May 2018 Session 3: The role of technology in aging workforce; theories and case studies Discussion on "How Technology Affects Jobs"
The presenter noted that the regression estimates are very low in the table on changes in robot inputs and impact on employment. He also suggested...
Protap Mukherjee
18 May 2018 Session 3: The role of technology in aging workforce; theories and case studies Demographics and Innovation
Are younger labor forces more innovative? The authors attempt to answer this question using the native-born labor force projected based on local...
François Derrien, Ambrus Kecskés, Phuong-Anh Nguyen
18 May 2018 Session 3: The role of technology in aging workforce; theories and case studies Discussion on “Demographics and Innovation”
In discussing the presentation on “Demographics and Innovation” by François Derrien, the speaker noted that the paper successfully gathered ...
Emiko Usui
18 May 2018 Session 4: Demographic change, Technology and its implication in Developing Asia New Technologies, Ageing Population and Comparative Well-being: A Case Study of India
In this presentation, the author examined the patterns of labor force participation among the older population in India through different factors...
Protap Mukherjee
18 May 2018 Session 4: Demographic change, Technology and its implication in Developing Asia Discussion on “New Technologies, Ageing Population and Comparative Well-being: A Case Study of India” Sameer Khatiwada
18 May 2018 Session 4: Demographic change, Technology and its implication in Developing Asia Technology and an Aging Workforce: Maximize the Gains from Longevity and Long Working Life – Malaysian Case Study
In this presentation, the author gave an overview of the economic progress, social development, and demographic transition in Malaysia. He also...
Nai Peng Tey , Siow Li Lai, Chu Kiong Loo , Niaz Asadullah
18 May 2018 Session 4: Demographic change, Technology and its implication in Developing Asia Discussion on "Technology and an Aging Workforce: Maximize the Gains from Longevity and Long Working Life - Malaysian Case Study"
In discussing the presentation on the “Malaysian Case Study” by Tey Nai Peng, the presenter noted that Malaysia should seize the opportunity...
Rikiya Matsukura
18 May 2018 Session 5: Regional Collaboration on Human Capital Development and Cross-border Labor Mobility The Impact of Demographic Change on Labor Supply and Economic Growth: Can Asia Meet the Challenge Ahead?
Some member-nations of the Asia Pacific Economic Cooperation (APEC) will see their working-age population grow or slightly decline by 2050; ...
Rafal Chomik, John Piggott, Peter McDonald
18 May 2018 Session 5: Regional Collaboration on Human Capital Development and Cross-border Labor Mobility Tapping Technology to Maximize the Longevity Dividend in Asia
The workforce in many Asian countries is aging and shrinking. Specific technologies could help improve the labor force participation of senior...
Aiko Kikkawa Takenaka
18 May 2018 Policy Panel
18 May 2018 Closing remarks

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.