THE GRAYING OF ASIA: Nicholas EberstadtOver the past decade, an ocean of ink has been spilled over the problem of population aging in the world's richest societies (Western Europe, Japan and North America). Low-income regions have attracted relatively little attention: Yet over the coming decades a parallel, dramatic "graying" of much of the Third World also lies in store, and it promises to be a far uglier affair than the "aging crisis" facing affluent societies. The burdens of aging simply cannot be borne as easily by the poor; low-income societies and governments have far fewer options, and the options available are considerably less attractive.
For some poor countries, the social and economic consequences could be harsh indeed: Graying could emerge as a factor directly constraining long-term growth and development. In fact, rapid and pronounced population aging may represent one of the most least appreciated long-term risks facing many of today's developing economies.
Population aging is driven mainly by low birth rates rather than by long life spans--and since fertility levels in poor regions continue to drop, the momentum for Third World population aging continues to build. Not, to be sure, in sub-Saharan Africa, where the median age is likely to remain a mere 20 years some two decades from now. And certainly not in those parts of the Arab/Islamic expanse where total fertility-rate levels still apparently exceed five births per woman per lifetime (viz., Yemen, Oman, Afghanistan). But in much of East Asia, South Asia, Eastern Europe and Latin America, sub-replacement fertility is already the norm.
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