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Asia’s demographic growing pains

First published: East Asia Forum 25th June 2023

It is often said that demographics are destiny, but at a macroeconomic level, ageing societies do not need to turn into the economic graveyards that pessimists assert they will. There are important, if limited, coping mechanisms to deal with the predicted stagnation or fall in the working-age population that most countries will face sooner or later. Read on….