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Population ageing, pensions and growth : intertemporal trade-offs and consumption planning.
Authors: ---
ISBN: 9781848445314 Year: 2009 Publisher: Cheltenham Elgar

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Book
Demographic Change in Asia : The Impacton Optimal National Saving, Investment, and the Current Account
Authors: --- ---
ISBN: 146237817X 1452758301 1282110705 1451899262 9786613803580 Year: 2000 Publisher: Washington, D.C. : International Monetary Fund,

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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.

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