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Economic and Social Implications of Population Aging in East Asia
David Bloom, Professor of Economics and Demography Professor of Economics and Demography,Harvard University
How will rapid population aging impact the economies and social protection systems of Japan, South Korea, and China? This colloquium showcases research addressing that question by contributors to new Shorenstein APARC book Aging Asia co-edited by Karen Eggleston and Shripad Tuljapurkar. Dr. Bloom discusses how aging of the baby boom generation, declines in fertility rates, and an increase in life expectancy imply several changes for the economies of the region. Notwithstanding the potential challenges, Bloom argues that population aging may have less of a negative effect on economic growth than some have predicted. Tuljapurkar points out how the state has emerged as a principal provider of support and care for the elderly, supplanting the role of family and kin. The typical kinship network has fallen considerably -- in China, to about 10% of what it was a few decades ago. Although this change has been ongoing in Western countries for a long time, it is in fact relatively recent in Asia and will strongly shape the future of the region.
David Bloom is Clarence James Gamble Professor of Economics and Demography at Harvard University, Chair of the Department of Global Health and Population at the Harvard School of Public Health, and Director of Harvard University’s Program on the Global Demography of Aging (funded by the National Institute of Aging). He is Research Associate at the National Bureau of Economic Research, where he serves as a member of three research programs: Labor Studies, Aging, and Health Economics. He co-chairs the Public Policy Committee of the American Foundation for AIDS Research. Bloom received a B.S. in Industrial and Labor Relations from Cornell University in 1976, an M.A. in Economics from Princeton University in 1978, and a Ph.D. in Economics and Demography from Princeton University in 1981.
Shripad Tuljapurkar is Professor of Biology and the Dean & Virginia Morrison Professor of Population Studies at Stanford University. He directs demographic programs at Stanford’s Center for the Demography, Economics and Health of Aging, and the Stanford Center for Population Research in the Institute for Research in the Social Sciences. He is an affiliated faculty member with the Morrison Institute for Population and Resource Studies, the Woods Institute for the Environment, and the Interdisciplinary Program on Environment and Resources. Tuljapurkar and Jamie Jones (Anthropology, Stanford) organize and run the Stanford Workshops in Formal Demography and the Stanford Workshops in Biodemography. Tuljapurkar is also a member of the Center for the Demography and Economics of Aging at UC Berkeley.
Tuesday, October 12, 2010 | 12:00 pm — 1:15 pm