This roundtable is a T20 Japan associated event.
Demographic and technological changes are two megatrends shaping labor markets in Asia and the Pacific, the world’s fastest-growing economic region. Population aging, in particular, has profound implications for productivity while new technologies are rapidly transforming the nature of jobs and workplaces. Policymakers are under increasing pressure to address this transition, and there is a growing literature evaluating the processes driving it. What is less known is the nexus between demographics and technology, and how they interact and influence each other to stimulate growth. For instance, population aging is often blamed for growth and productivity stagnation, but anticipation of an aging society can also prompt firms to invest in labor-saving and productivity-enhancing technologies. Longevity and longer working lives encourage human capital investment, and greater availability of a mature and experienced workforce can complement technology.
The ADB 2019 Asian Economic Integration Report theme chapter looks at aging and demographic changes in the region and their impact on productivity. The aim is to highlight the role of technology in ensuring the sustainability of aging economies. This conference will examine the following questions raised in the ADB chapter to help identify how countries in the region can best promote and adopt innovations that turn demographic challenges into opportunities:
- What are the implications of demographic changes and workforce aging for productivity, economic growth, and jobs in Asia?
- How can new technologies sustain and boost productivity while workforces age and contract?
- What are effective strategies to promote and adopt technological innovations that leverage longevity?
- Can technology help countries that still have young populations reap a second demographic dividend as their work forces age?
- How can regional cooperation improve preparation for demographic transition in Asia?
- Promote active discussion between experts on economic policy challenges linked to demographic and digital disruption.
- Assess how economies in Asia and beyond are coping with the effects of societal aging on productivity, economic growth, and technological innovation.
- Contribute to theoretical and empirical literature and regional dialogue advancing next policy steps.
50 academics, policymakers, and representatives of international organizations and the private sector.
- Research papers
- ADBI policy briefs or working papers
- ADB theme chapter for 2019 Asian Economic Integration Report
- Book publication
How to register
By invitation only.
Asian Development Bank (ADB)