The Impact of Population Aging on Economic Development in Vietnam
Please do not hesitate to contact us if you would like to obtain more information about the submission process or if you have further questions.
Abstract
Population aging has an impact on many socio-economic aspects of each country. Population aging will also create many challenges for Vietnam, especially growth issues, labor supply and productivity, social security and health care systems, and pension funds. and social problems arise. The transition time from an aging population to an aging population in Vietnam is faster than in other countries, and especially when Vietnam is still a developing country with a low, middle income, these challenges are even more difficult for the economy. This article will evaluate the impacts of population aging in Vietnam on socioeconomic development and provide some policy suggestions for Vietnam's development process.
Downloads
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
References
Aisa, R., & Pueyo, F. (2013). Population aging, health care, and growth: A comment on the effects of capital accumulation. Journal of Population Economics, 26(4), 1285–1301. https://doi.org/10.1007/s00148-012-0448-2
Börsch-Supan, A., Reil-Held, A., & Schunk, D. (2008). Saving incentives, old-age provision and displacement effects: Evidence from the recent German pension reform. Journal of Pension Economics & Finance, 7(3), 295–319.
Bos, D., & Von Weizsacker, R. K. (1989). Economic consequences of an aging population. European Economic Review, 33(2–3), 345–354.
Carroll, C. D., Overland, J., & Weil, D. N. (1997). [No title found]. Journal of Economic Growth, 2(4), 339–367. https://doi.org/10.1023/A:1009740920294
Evan, T., & Vozárová, P. (2018). Influence of women’s workforce participation and pensions on total fertility rate: A theoretical and econometric study. Eurasian Economic Review, 8(1), 51–72. https://doi.org/10.1007/s40822-017-0074-0
Fougère, M., & Mérette, M. (1999a). Population ageing and economic growth in seven OECD countries. Economic Modelling, 16(3), 411–427.
Fougère, M., & Mérette, M. (1999b). Population ageing and economic growth in seven OECD countries. Economic Modelling, 16(3), 411–427.
Friedlander, D., & Klinov-Malul, R. (1980). Aging of populations, dependency and economic burden in developed countries. Canadian Studies in Population [ARCHIVES], 49–55.
Fukuda, S., & Morozumi, R. (2004). Economic growth under the demographic transition: A theory and some international evidence. Edward Elgar Cheltenham, UK. http://ndl.ethernet.edu.et/bitstream/123456789/56677/1/117.pdf#page=30
Griffith, R., Miller, H., & O’Connell, M. (2014). Ownership of intellectual property and corporate taxation. Journal of Public Economics, 112, 12–23.
Hviding, K., & Mérette, M. (1998). Macroeconomic effects of pension reforms in the context of ageing populations: Overlapping generations model simulations for seven OECD countries. https://www.oecd-ilibrary.org/content/paper/638376177076
Jakovljevic, M., Timofeyev, Y., Ranabhat, C. L., Fernandes, P. O., Teixeira, J. P., Rancic, N., & Reshetnikov, V. (2020). Real GDP growth rates and healthcare spending – comparison between the G7 and the EM7 countries. Globalization and Health, 16(1), 64. https://doi.org/10.1186/s12992-020-00590-3
Nguyen, T. A., & Giang, L. T. (2021). Factors Influencing the Vietnamese Older Persons in Choosing Healthcare Facilities. Health Services Insights, 14, 117863292110174. https://doi.org/10.1177/11786329211017426
Onofri, P. (2004). The economics of an ageing population. Edward Elgar Publishing. https://econpapers.repec.org/bookchap/elgeebook/3381.htm
Otsu, K., & Shibayama, K. (2016). Population aging and potential growth in Asia. Asian Development Review, 33(2), 56–73.
Tran, V.-A. T., Nguyen, K.-D., Nguyen, D.-T., & Nguyen, D.-D. (2023). Direct and spillover effects of social insurance reform: Evidence from Vietnam. Journal of the Asia Pacific Economy, 28(2), 578–598. https://doi.org/10.1080/13547860.2021.1955513