Emerging Asia Should Learn From Japan’s Demographic Experience (Nikkei Asian Review)
Countries in Asia which have industrialized are often described as “flying geese,” taking off around the region like the birds — in waves. It started in Japan, with its average growth of 10% between the mid-1950s and early 1970s, before spreading to the Four Dragons — Hong Kong, South Korea, Taiwan and Singapore. The South East Asian countries followed, then China — last and certainly not least.
Such economic success, however, has carried with it intractable demographic challenges — a low birthrate and rapid aging. The cost of raising children grew, medical services improved and social security provided a safety net, leading people to want fewer offspring. Again, Japan has led the way — and there are lessons here for the rest of the geese. READ MORE
Similar Posts:
- Asia’s Worst Aging Fears Begin to Come True (Nikkei Asian Review)
- Asia at a Crossroads: Demographics, Economics & Investment (State Street)
- Sustained Growth Slowdown in China Would Spill Over to Asia-Pacific Region and Beyond (Moody’s Talk)
- North Asia vs South Asia: Differentiation is Key (DWS)
- Microsoft Sees Asian Emerging Markets as a Way to Get Ahead of Rivals (Seattle Times)
- Japan’s Investment in Vietnam Plummets While Suga Seeks Closer Ties (Nikkei Asia)
- Asia is Home to 50% of World’s Fastest Growing Companies (Nikkei Asian Review)
- Southeast Asia Gains New Leverage as China and US Battle for Influence (Nikkei Asian Review)
- What Makes Asia−Pacific’s Generation Z different? (McKinsey & Co)
- Trade War Steers Chinese Investment Toward Southeast Asia (Nikkei Asian Review)
- As US-China Relations Worsen, Expect Supply Chain Chaos (Freight Waves)
- Scottish Oriental Smaller Companies Trust – Annual Report for Year Ended Aug 31, 2022
- The Surprising Secrets of Growth in Emerging Markets (City Wire: The Funds Fanatic Show)
- Singapore Emerges as Asia’s Digital Securities Trading Hub (Nikkei Asia)
- After Grab: ASEAN’s Tech Giants Produce a New Startup Generation (Nikkei Asia)
Leave a Reply