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Demographics, Labor Mobility, and Productivity

Demographics, Labor Mobility, and Productivity

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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.
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.

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Published by: Asian Development Bank Institute on Oct 12, 2012
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