Old-Age Financial Preparedness

Securing pre-retirement financial resources that exceed post-retirement consumption needs is an intuitively plausible gauge of financial preparedness for old age. This webinar examined the extent to which the individuals of four major Asian economies approaching retirement are financially prepared. In addition, a panel discussed how Asians can better prepare financially for their old age.

Asian Development Outlook September 2024 Launch

Developing Asia’s outlook remains solid, driven by strong domestic demand and continued recovery in exports. But risks remain, including a possible rise in protectionism that could occur depending on the outcome of the United States presidential election, worsening geopolitical tensions, a fragile PRC property market, and adverse weather conditions. Asian Development Outlook September 2024 sheds light on these.

Martino Pelli

Martino Pelli is an applied economist with expertise in environmental, energy, and development economics. His work focuses on the impact of rural energy use, significant transport infrastructure investments, and the economic consequences of natural disasters. His research has been published in journals such as the Journal of Development Economics, International Economics, and the European Economic Review. Before joining ADB, he was an associate professor of Economics at the University of Sherbrooke in Canada.

Erik Spiro-Larrea

Erik is a senior project lead for TNC’s Nature for Water Facility, a specialist team that helps local programs analyze, develop, and execute NBS for water security. Erik led Nature for Water’s first project and has since directly supported 15 NBS programs worldwide with various detailed analyses. As a trained economist, he typically focuses on return on investment, economics, sustainable finance, and governance, as well as developing “program intelligence” analyses and dashboards. Before joining TNC, Erik worked at Pegasys, a management consultancy based in Cape Town.

Aging Well in Asia

The share of Asians 60 and above is expected to reach 25.2% by 2050. The inaugural Asian Development Policy Report 2024: Aging Well in Asia analyzes the current state of well-being of older Asians. Based on the analysis, the report sets forth policy options that will help Asians age well.

Agnes Surry

Agnes Surry joined the Asian Development Bank Institute (ADBI) in September 2022 and is Deputy Head of Capacity Building and Training and Senior Economist.

Her areas of interest include development and public finance, aid effectiveness, climate change adaptation, gender equality, social policies, fiscal policies, public debt sustainability, resource mobilization, and country risk analysis.