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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…

Information Technology Risk Management: Information Security

17 May 2018
Information security remains a significant input into the overall assessment of a firm’s information technology environment. This presentation discusses the elements of an information security program, access and identity management, and incidence response and management.

Information Technology Risk Management: Data Governance

17 May 2018
All institutions increasingly depend on system-generated information for decision-making and regulatory reporting. Assumptions by management and examiners that data provided by institution is always accurate, or lack of understanding of how the data is produced, may lead to major errors. It is…

Information Technology Risk Management: Vendor Management

17 May 2018
The use of service providers to perform operational functions presents various risks to financial institutions. Some risks are inherent to the outsourced activity itself, whereas others are introduced with the involvement of a service provider. This presentation discusses the risks involved in…