Displaying 1101 - 1110 of 1407

Fiscal Challenges and Social Welfare Reform in Mongolia

18 May 2018
Mongolia has been facing various economic challenges in recent years. Its gross domestic product growth decelerated, its fiscal deficit widened, and government debt decreased. It needs to ramp up its social protection programs to assist the poor and most vulnerable.

Financial Challenges of Meeting SDGs in Timor Leste

18 May 2018
Timor-Leste has several options to overcome the financial challenges that hinder it from meeting its SDG targets. It can increase its revenues by improving collections and creating additional taxes. It can also reallocate public expenditure by redirecting funds from inefficient programs. These…

Nonlinear Effects of Population Aging on Economic Growth

17 May 2018
Using the panel data consisting of 142 countries for the period between 1960 and 2014, the authors assessed the nonlinear effects of population aging on economic growth. They found that population aging negatively affects economic growth only when it reaches a certain high level and its negative…

Discussion on “Nonlinear Effects of Population Aging on Economic Growth”

17 May 2018
In discussing the presentation on “Nonlinear Effects of Population Aging on Economic Growth” presented by Hyun-Hoon Lee, the presenter noted that in principle, population aging may affect growth through labor supply, capital accumulation, and productivity. He also noted that the empirical evidence…

Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan

17 May 2018
In this presentation, the authors have measured the untapped work capacity of old persons, using the microdata gathered in the Japanese Study of Aging and Retirement (JSTAR), a longitudinal survey carried out on subjects aged 50–75. Their results show that the volume of untapped work capacity of…

Discussion on “Untapped Work Capacity Among Old Persons and Their Potential Contributions to the 'Silver Demographic Dividend' in Japan"

17 May 2018
In discussing the presentation on "Untapped work capacity among old persons and their potential contributions to the ‘silver demographic dividend' in Japan" by Rikiya Matsukura, the presenter noted that the Japanese experience in tackling the issues of population aging provides valuable lessons to…

Changes in Labor Force Participation in China

17 May 2018
The People’s Republic of China is a fast-growing and transitional economy that is experiencing drastic demographic shifts, but little is known about the patterns of labor force participation over time, as well as the sources and determinants of changes in participation rates – both important…

Discussion on "Changes in Labor Force Participation in China"

17 May 2018
In discussing the presentation on the “Changes in Labor Force Participation in China” by Suqin Ge and Junsen Zhang, the presenter acknowledges the decline in female labor force participation rate in the PRC. He further suggests that this regression would indicate several possible drivers. He also…

Demographics and Technological Change: Two Megatrends Shaping the Labor Market in Asia

17 May 2018
Asia is experiencing rapid ageing and technological change, which can affect productivity growth, human capital, and technological change. In this keynote presentation, the author identifies the specific technologies that can help ease ageing pressures, such as long term care, healthcare, and…

The Social Protection Agenda of the SDGs and its Fiscal Challenge

17 May 2018
Asia's accelerated growth has pressed many goverments throughout the region to find resources to finance social protection programs. ADB has been assisting its developing member countries in this area. It has also helped them assess the fiscal challenges they face in meeting their social protection…