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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: Continuing resourceContinuing resourceSeries: Research Paper Series No. 2020-02Publication details: Quezon City : PIDS, c2020.Description: ix, 35 pages ; 23 cmISSN:
  • 19083297
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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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