The Economic Consequences of Demographic Change in East Asia.

The Economic Consequences of Demographic Change in East Asia, Volume 19 in the NBER's series on the East Asia Seminar on Economics, is available from the University of Chicago Press for $105.00. The volume's editors, who also co-chaired the conference, are NBER Research Associates Takatoshi Ito, University of Tokyo, and Andrew K. Rose, University of California, Berkeley.

Almost all industrialized countries have experienced dramatic decreases in fertility and mortality rates in recent years, leading to aging societies and economies that suffer from a declining working population along with fiscal deficits linked to increased government spending. East Asia exemplifies these trends, and this volume offers an in-depth look at how long-term demographic transitions have taken shape there and how they have...