Asia’s silver dividend can offset ageing’s economic toll

Population ageing is a growing global trend, impacting even developing countries. Southeast Asian economies like Thailand and Vietnam are in intermediate stages of this demographic transition, while the Philippines has seen its fertility rate fall below replacement level. Conventional views suggest this leads to labor shortages and reduced productive capacity. However, new research challenges this assumption, indicating that the economic impact of an aging population may not be as negative as previously thought. This suggests a potential "silver dividend" in Asia that could counter the economic challenges of an aging workforce.