Is Asia Prepared for an Aging Population?

35 Pages Posted: 12 Jan 2007

See all articles by Peter Heller

Peter Heller

International Monetary Fund (IMF)

Date Written: December 2006

Abstract

Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging population is decidedly mixed. While growth policies have been successful, much work is still needed in many countries to establish an adequate and farsighted policy framework in the areas of pensions, health insurance, and labor market policies.

Keywords: Aging, Asia, Population, Economic conditions, Social security, Social safety nets, Social policy, Economic policy

JEL Classification: I11, I12, J11, J26, N35, O52

Suggested Citation

Heller, Peter, Is Asia Prepared for an Aging Population? (December 2006). IMF Working Paper No. 06/272, Available at SSRN: https://ssrn.com/abstract=956735

Peter Heller (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

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