Are we missing out on the demographic dividend? Trends and prospects / Michael R.M. Abrigo, Rachel H. Racelis, J.M. Ian salas, Alejandro N. Herrin, Danica A.P. Ortiz, Zhandra C. Tam.
Material type:
- 19083297
Item type | Current library | Call number | Status | Barcode | |
---|---|---|---|---|---|
Continuing Resources | PSAU OLM Periodicals | OP RPS 2020 (Browse shelf(Opens below)) | Available | OP12790 |
The Philippines is slowly ageing. In a little over a decade, the country's elderly will comprise at least 7 percent of the total population. This rising tide may pose some substantial burden on the country's resources. Nonetheless, the same economic and demographic forces that will eventually lead to population ageing may also provide potentials for economic growth. this paper documents the country's historical experience of the demographic dividend using new National Transfer Account time-series estimates for the Philippine. These estimates also reflects how the interaction between public policy and population ageing may affect household welfare and fiscal balance in the forseeable future.
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