Agenda

20 Mar 2024 10:30

Demographic Transition and Its Impacts on Fiscal Sustainability in East Asia and Southeast Asia

Online

Korwatanasakul Upalat
Associate Professor, Faculty of Social Sciences, Waseda University

The lecture will be held online in English on Zoom Platform.

Registration online is available until March 19th 2024 at 8 p.m. (CET) through this link
You will receive a participation link on March 19th after 8 p.m. (CET). If you do not receive the link, please send an email to gesshin@unive.it

Abstract: In this session, we examine the global trends in demographic change and highlight the progression of East Asian and Southeast Asian economies toward becoming ageing and aged societies. These impacts are multifaceted and far-reaching and include declining tax revenues, which leads to fiscal imbalances and possible increases in government expenditures for health and nursing care and pension schemes. This session hopes to provide insight into balancing fiscal revenue against costly pension and social security systems and increasing healthcare expenditures.
Working toward fiscal sustainability will be particularly important amid the COVID-19 pandemic, as the elderly are particularly vulnerable to the virus. Governments of ageing and aged societies will have to manage spending to cope with the increased strain on their healthcare systems and ensure the elderly receive adequate social protection. This can be achieved by incorporating support for the elderly in policy design, facilitating access to health care, and considering socioeconomic factors for social inclusiveness.
This study has highlighted the rising challenges that East and Southeast Asian economies face from the current trends in demographic transition. Ensuring fiscal sustainability while protecting and addressing the needs of ageing and aged populations will be a key priority for governments and require careful policy planning and implementation.

Organized by Sara De Rosa, Gaia Dotti, Student Association GESSHIN, Ca’ Foscari University of Venice

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Organizzatore

Department of Asian and North African Studies; Student Association GESSHIN, Ca’ Foscari University of Venice

Allegati

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