Asian Development Policy Report (ADPR) 2024 Aging Well in Asia
Prof. Donghyun Park
Economic Advisor (Strategic Knowledge Initiatives),
Economic Research and Development Impact Department,
Asian Development Bank
Date: 20 March 2025 (Thursday)
Time: 14:30 to 16:00
Venue: E22-G013
Host: Prof. Brenda Yang ZHANG, Associate Professor in Business Economics
Abstract
The inaugural Asian Development Policy Report (ADPR) 2024, a new annual flagship report of the Asian Development Bank (ADB) that addresses Asia’s development challenges, delves into the topic of Aging Well in Asia. While recognizing the potential macroeconomic effects of developing Asia’s rapid population aging such as slower economic growth, the report looks primarily at the well-being of older Asians. In light of Asia’s rapid population aging, development that neglects such a large and growing part of the population cannot possibly be inclusive. The four dimensions of well-being which matter especially to older persons—health, work, economic security, and social engagement—are examined in terms of their current state, key vulnerabilities, and policy directions. If Asian countries act with a sense of urgency to prioritize old-age well-being amid the rapidly changing demographic landscape, current and future cohorts of older Asians can lead healthy, productive, economically secure, and socially engaged lives.
Speaker
Prof. Donghyun Park Economic Advisor (Strategic Knowledge Initiatives), Economic Research and Development Impact Department, Asian Development Bank.
Prof. PARK is currently Economic Advisor at the Economic Research and Development Impact Department (ERDI) of the Asian Development Bank (ADB), which he joined in April 2007. Prior to joining ADB, he was a tenured Associate Professor of Economics at Nanyang Technological University in Singapore. Dr. Park has a Ph.D. in economics from UCLA, and his main research fields are international finance, international trade, and development economics. His research, which has been published in more than 200 refereed journal papers, revolves around policy-oriented topics relevant for Asia’s development, including fiscal policy, population aging, and entrepreneurship. Dr. Park is the Managing Editor of Asian Development Review.
All are welcome!
