TOKYO, JAPAN – Critical reform measures need to be taken soon before the impact of ageing populations takes its toll in developing countries in Asia, the Asian Development Bank Institute?s Dean, Masahiro Kawai, said during a recent seminar on ageing in Asia.
?For far too long we have tended to focus on high-income economies in the region like Japan, and the newly-industrialized economies — Republic of Korea; Hong Kong, China; Taipei,China; and Singapore — that are far advanced in the ageing curve,? said Mr. Kawai. ?But many of the middle-income developing countries and a few low-income developing countries in the region are on the same demographic path.?
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