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Recent studies show that almost all industrial countries have experienced dramatic decreases in both fertility and mortality rates. This situation has led to aging societies with economies that suffer from both a decline in the working population and a rise in fiscal deficits linked to increased government spending. East Asia exemplifies these trends, and this volume offers an in-depth look at how long-term demographic transitions have taken shape there and how they have affected the economy in the region. The Economic Consequences of Demographic Change in East Asia assembles a group of experts to explore such topics as comparative demographic change, population aging, the rising cost of health care, and specific policy concerns in individual countries. The volume provides an overview of economic growth in East Asia as well as more specific studies on Japan, Korea, China, and Hong Kong. Offering important insights into the causes and consequences of this transition, this book will benefit students, researchers, and policy makers focused on East Asia as well as anyone concerned with similar trends elsewhere in the world.
This volume brings together a range of contributions that provide contemporary regional science perspectives on population change and its socio-economic consequences in the Asia-Pacific region. This region accounts for close to two-thirds of the world’s population and is highly diverse in terms of key demographic indicators such as population size, growth, composition and distribution. The authors provide quantitative assessments, either descriptively or by means of modelling, of important demographic issues affecting this part of the world. The topics addressed include: broad demographic trends across the Asia-Pacific region and its sub-regions; assessment of population decline, urbanization and spatial distribution using cases from China, Colombia, Japan and Australia; migration and economic impacts in Australasia, Chile and Timor Leste; and the impacts of declining or low fertility and population ageing in China, India, Thailand, and across Asia. Given its scope, the book will appeal to all readers seeking to understand population change and impacts across the Asia-Pacific region, with a specific focus on sub-regional differences and dynamics.
Increasing life expectancy in South Asia is resulting in a demographic transition that can, under the right circumstances, yield dividends through more favorable dependency ratios for a time. With aging, the disease burden shifts toward noncommunicable diseases (NCDs) which can threaten healthy aging. However, securing the gains expected from the demographic dividend—where developing countries’ working and nondependent population increases and per capita income thus rises— is both achievable and affordable through efficiently tacking NCDs with prevention and control efforts. This book looks primarily at cardiovascular disease (CVD) and tobacco use since they account for a disproportionate amount of the NCD burden—the focus is strategic, rather than comprehensive. The goal of this book is to encourage countries to develop, adopt, and implement effective and timely country and, where appropriate, regional responses that reduce both population-level risk factors and the NCD burden. The work develops (i) an NCD burden and risk factor profile for all countries and the region as a whole; (ii) a rationale for public policy and action for NCDs; (iii) a framework to guide the formulation of public policies and strategies for NCDs; (iv) a country profile, including capacity and ongoing NCD activities, as well as policy options and actions for NCDs that will help stimulate policy dialogue within and among countries; and (v) a regional strategy for NCD prevention and control where regional collaboration offers added value. The achievements of this book are (i) developing a framework for policy options to identify key areas for strategic country- and regional-level policy and actions; (ii) bringing together demographic and aging trends, disease and risk factor burden data, alongside analyses of capacities and accomplishments to tackle NCDs; and (iii) using these inputs to develop policy options for country and regional strategies.
There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.
This book provides a unique comparative view of the extremely low fertility and drastic population aging in Eastern Asian countries. After discussing demographic and political developments of Japan in detail as a reference case, accelerated changes in Korea, Taiwan and China are interpreted with a comparative cultural view. In addition to the well-known cultural divide between countries with strong and weak family ties, this book proposes another divide between offspring of the feudal family and that of the Confucian family. Included is a discussion of how the discrepancy between the compressed change in the socioeconomic system and the slow change in the family system has resulted in extremely low fertility in Eastern Asia. A comparison of policy development reveals that the sense of overpopulation has caused difficulty in launching pro-natal policy interventions in Eastern Asia, especially in China. Impacts of fertility decline on population aging, total dependency ratio and the timing of population decline in Eastern Asia are analyzed with a stylized model. The remaining Confucian family pattern is especially important in understanding and predicting political development to cope with accelerated population aging. This book is a valuable resource for researchers who are interested in the latest and most surprising demographic phenomena in the region.
This book examines the profound demographic transformation affecting China, India, and Indonesia, where 40% of the world's people live. It offers a systematic, comparative approach that will help readers to better understand the changing social and regional recomposition of the population in these regions. The chapters present a detailed investigation and mapping of regional trends in mortality, fertility, migration and urbanization, education, and aging. Throughout, the analysis carefully considers how these trends affect economic and social development. Coverage also raises global, theoretical questions about the singular ways in which each of these three countries have achieved their demographic transition. As the authors reveal, demographic trends seem to be somewhat linear and anticipatable, providing Asia’s three demographic giants and their governments a formidable advantage in planning for the future. But the evolution of human mobility in China, India, and Indonesia, closely intertwined as it is with changing economic conditions, appears less predictable and ranks high among the major challenges to demographic knowledge in the coming decades. Offering an insightful look into the components, implications, and regional variations of a changing population, this book will appeal to social scientists, demographers, anthropologists, sociologists, epidemiologists, and specialists in Asian studies.
The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.
Africa is poised on the edge of a potential takeoff to sustained economic growth. This takeoff can be abetted by a demographic dividend from the changes in population age structure. Declines in child mortality, followed by declines in fertility, produce a 'bulge' generation and a large number of working age people, giving a boost to the economy. In the short run lower fertility leads to lower youth dependency rates and greater female labor force participation outside the home. Smaller family sizes also mean more resources to invest in the health and education per child boosting worker productivity. In the long run increased life spans from health improvements mean that this large, high-earning cohort will also want to save for retirement, creating higher savings and investments, leading to further productivity gains. Two things are required for the demographic dividend to generate an African economic takeoff. The first is to speed up the fertility decline that is currently slow or stalled in many countries. The second is economic policies that take advantage of the opportunity offered by demography. While demographic change can produce more, and high quality, workers, this potential workforce needs to be productively employed if Africa is to reap the dividend. However, once underway, the relationship between demographic change and human development works in both directions, creating a virtuous cycle that can accelerate fertility decline, social development, and economic growth. Empirical evidence points to three key factors for speeding the fertility transition: child health, female education, and women's empowerment, particularly through access to family planning. Harnessing the dividend requires job creation for the large youth cohorts entering working age, and encouraging foreign investment until domestic savings and investment increase. The appropriate mix of policies in each country depends on their stage of the demographic transition.
Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to several Asian economies of the diagnosis known as “secular stagnation.” Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.
This book explores how population mobility varies among the countries of Asia. While much attention has been given to international migration, movement within countries is numerically much more significant. Coupling innovative methods developed in the global IMAGE project with the contextual knowledge of experts on 15 Asian countries, the book measures and explains how people across Asia differ in the probability of changing residence, the ages at which they move, and the impact of these migrations on the distribution of human settlement within each country. It demonstrates how stage of economic development, coupled with historical events, local contingencies, cultural norms, political frameworks, and the physical environment shape human migration. By using rigorous statistics in a robust comparative framework, this book provides a clear understanding of contemporary migration in Asia for students and academics, and a valuable resource for policy-makers and planners in Asia and beyond.