Demographics, Labor Mobility, and Productivity
65 Pages Posted: 13 Oct 2012
Date Written: October 11, 2012
This paper considers two major issues that need to be treated as matters of urgency. First, internal (within country) migrations in the Asian (ACI) region are mostly undocumented and large. Second, the emerging demographic imbalances in the form of aging, which will give dependency ratios that have never been experienced in all of recorded human existence. Whilst it is possible to share the burdens of ageing and dependency through migration, this will not happen under present arrangements. Increasing the mobility of humans is the best way to not only promote economic efficiency, but to provide freedom and significant improvements in their wellbeing and quality of life.
Keywords: demographics, labor mobility, migration, Asia, demographic imbalances, aging, productivity
JEL Classification: F22, J31, J61, O15
Suggested Citation: Suggested Citation