A major demographic challenge East Asia faces is the longer life expectancy in the region and the resultant decline in the size of its working-age populations. People are living longer, to an average of 75 years in 2015 compared with 49 in 1960, and
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A major demographic challenge East Asia faces is the longer life expectancy in the region and the resultant decline in the size of its working-age populations. People are living longer, to an average of 75 years in 2015 compared with 49 in 1960, and three of the 10 economies with the longest life expectancy worldwide - Japan, Singapore and South Korea - are in the region.
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PHOTO: REUTERS