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Economic development --- Fiscal policy --- Population aging --- Saving and investment --- 339.0846 --- 311.94 --- 336.60 --- 338.8 --- 339.30 --- AA / International- internationaal --- Accumulation, Capital --- Capital accumulation --- Capital formation --- Investment and saving --- Saving and thrift --- Aging of population --- Aging population --- Aging society --- Demographic aging --- Graying (Demography) --- Greying (Demography) --- Tax policy --- Taxation --- Development, Economic --- Economic growth --- Growth, Economic --- Economic aspects --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking --- Financiële toestand --- Economische groei --- Bestemming van de goederen en van de inkomens: algemeenheden --- Government policy --- Economic law --- Capital --- Supply-side economics --- Wealth --- Investments --- Age distribution (Demography) --- Economic policy --- Finance, Public --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse
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Age distribution (Demography) --- Economic development --- Expenditures, Public --- Older people --- Pensions --- Social policy --- Economic aspects --- Government policy
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This paper calculates the levels of optimal national saving, investment, and the current account balance for five Asian economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach. These calculations show the sensitivity of results to changing demographic structures on employment participation, labor productivity; and consumption demands. In particular, the simulations reveal that variations in prospective demographic change across economies cause considerable variations in the patterns of optimal national saving rates.
Macroeconomics --- Production and Operations Management --- Demography --- General Aggregative Models: Forecasting and Simulation --- Macroeconomics: Consumption --- Saving --- Wealth --- Demographic Trends, Macroeconomic Effects, and Forecasts --- Planning Models --- Planning Policy --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Human Capital --- Skills --- Occupational Choice --- Labor Productivity --- Demographic Economics: General --- Population & demography --- Consumption --- Aging --- Labor productivity --- Demographic change --- Population and demographics --- National accounts --- Production --- Economics --- Population aging --- Demographic transition --- Population --- Hong Kong Special Administrative Region, People's Republic of China
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