Asia's shrinking demographic dividend

Good demographics have long given Asian economies a free ride to growth, but some countries are squandering this birthright and for others, it may no longer be enough.

Back in 1994, Paul Krugman enraged Asians with his foreign affairs article The Myth of Asia’s Miracle. In it, he argued that seemingly remarkable growth in countries such as Singapore was not so remarkable after all. None of the expansion was the result of a rise in productivity, he said. Rather, all could be explained by an increase in measured inputs, namely of labour and capital.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles