Parts of Asia Will Grow Old Before Getting Rich, IMF Warns
- Population growth estimated to fall to zero in Asia by 2050
- End of demographic dividend to drag on global growth
This article is for subscribers only.
Asia’s rapidly aging population means the region is shifting from being the biggest contributor to the global workforce to subtracting hundreds of millions of people from it, according to the International Monetary Fund.
The reversal of the so-called "demographic dividend" will drag on global growth and also that in Asia, the world’s fastest growing region, the IMF warned in its annual outlook for the area.