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The effects of population aging on South Korea’s economy: The National Transfer Accounts approach
اثرات پیری جمعیت بر اقتصاد کره جنوبی: رویکرد حسابهای انتقال ملی-2021 This study examines how two factors of population aging, changes in fertility and mortality, will respectively
affect South Korea’s economic future. The economic effects of population aging are examined by considering the
population in each age group under alternative demographic scenarios. Utilizing recent population projections
and South Korea’s National Transfer Accounts, the paper applies a simple decomposition model measuring the
respective effects of fertility and mortality on separate aspects of the economy: labor income, private and public
consumption, and public and private transfers. The results show that the effects of low fertility and low mortality
on the economy are very different in direction, magnitude, timing, and impact by age group. The only effect of an
aging population that is the same in all circumstances is the effect on the public pension system: low fertility and
mortality will increase pressure on the public pension system of South Korea. keywords: پیری جمعیت | باروری کم | حساب های ملی انتقال | بحران پیری کره جنوبی | اقتصاد نسل | Population aging | Low fertility | National Transfer Accounts | South Korea’s aging crisis | Generational economy |
مقاله انگلیسی |
2 |
The role of gender, education and family in the welfare organization: Disaggregating National Transfer Accounts
نقش جنسیت، تحصیلات و خانواده در سازمان بهزیستی: تفکیک حسابهای انتقال ملی-2021 In this paper, we extend the National Transfer Accounts (NTA) methodology to obtain the age profiles simul-
taneously disaggregated by gender, education level and family structure. We present the results for four countries
(Austria, Spain, Finland and the UK), analysing the roles of these three dimensions in the both inter and
intragenerational distribution of resources. We find interesting differences across countries, some of them related
to the degree and age direction of the familiarization of different welfare state regimes. Finland excels as the
country with the highest level of public transfers, and in particular for the elderly and for parents of working
ages. In Austria, public transfers are also generous for children and the elderly, and there are substantial family
benefits. In the UK and Spain, public transfers are much lower and family-related allowances are almost insig-
nificant. Consequently, in Spain, private transfers from parents to children are the highest, while in the UK asset
reallocations play a significant role in financing elderly consumption. Overall, our analysis provides interesting
insights on how gender, redistribution policies and family structure interact with the welfare organization. keywords: تحصیلات | تغییر جمعیت شناختی | حساب های ملی انتقال | این است: | E01 | J11 | p51 | یدکی | Education | Demographic change | National transfer accounts |
مقاله انگلیسی |
3 |
The nature and extent of demographic dividend in West Africa: National transfer account approach
طبیعت و میزان سود جمعیت شناختی در غرب آفریقا: رویکرد حساب انتقال ملی-2021 The population of West Africa is fast growing with a projection of large youth population which may limit the
potential opportunity provided by the African Agenda 2063 and the global 2030 Agenda for Sustainable
Development of the sub-region. This study investigates the nature and extent of demographic dividend in the
West African sub-region, using the National Transfer Accounts (NTA) methodology. The Countries in the sub-
region were aggregated based on the two available monetary zones including West Africa Monetary Zone
(WAMZ) and West African Economic and Monetary Union (UEMOA). Findings reveal that children consumption
is lower than for adults in West Africa. However, consumption expenditure is lower in the UEMOA countries,
than in WAMZ or the West African average at all age groups. It is also found that UEMOA countries reached peak
income earlier than those of WAMZ. In addition, consumption expenditure exceeds the labour income at all ages
below 29 years while surplus ends at 63 years. The study further discovered that West Africa had entered the
period of first demographic dividend since year 1999, and expected to peak in the year 2049. keywords: سودآوری جمعیتی | کمبود چرخه عمر | حساب های ملی انتقال | نسبت پشتیبانی | وابستگی | Demographic dividend | Lifecycle deficit | National transfer accounts | Support ratio | Dependency |
مقاله انگلیسی |