The demographic dividend that contributed substantially to economic growth in developing Asia in the past is … dissipating. Population aging affects growth through savings, capital accumulation, labor force participation, and total factor …

The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this …, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor …

Developing Asia has grown faster than other parts of the world for decades. However, population aging is expected to … (2012) to project the impact of population aging on developing Asia’s growth between 2021 and 2050. Our projections indicate …

The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this …, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor …