Population Aging, Intergenerational Transfers and the Macroeconomy
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Population Aging, Intergenerational Transfers and the Macroeconomy

Edited by Robert L. Clark, Naohiro Ogawa and Andrew Mason

Population aging is a global phenomenon that influences not only the industrialized countries of Asia and the West, but also many middle- and low- income countries that have experienced rapid fertility decline and achieved long life expectancies. This book explores how workers and consumers are responding to population aging and examines how economic growth, generational equity, trade and international capital flows are influenced by population aging.
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Chapter 11: Is Asia Prepared for an Aging Population?

Peter S. Heller

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