Vietnam : Adapting to an Aging Society

Vietnam is a young country on the cusp of a dramatic aging of the population that is taking place at a faster pace and at an earlier level of development than most other countries in the world. Though Vietnam’s favorable demographic window of oppor...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Hanoi 2021
Subjects:	ELDERLY CARE ELDERLY EMPLOYMENT DEMOGRAPHIC TRENDS AGING PUBLIC PROGRAM SOCIAL ASSISTANCE PENSIONS HEALTH INSURANCE
Online Access:	http://documents.worldbank.org/curated/undefined/544371632385243499/Vietnam-Adapting-to-an-Aging-Society http://hdl.handle.net/10986/36324

id	okr-10986-36324
recordtype	oai_dc
spelling	okr-10986-363242021-10-05T05:10:45Z Vietnam : Adapting to an Aging Society World Bank ELDERLY CARE ELDERLY EMPLOYMENT DEMOGRAPHIC TRENDS AGING PUBLIC PROGRAM SOCIAL ASSISTANCE PENSIONS HEALTH INSURANCE Vietnam is a young country on the cusp of a dramatic aging of the population that is taking place at a faster pace and at an earlier level of development than most other countries in the world. Though Vietnam’s favorable demographic window of opportunity is still open, this report argues it should take key actions with immediate effect to prepare for a rapidly aging society. Vietnam has achieved vibrant economic growth and poverty reduction over the past few decades, thanks in large part to favorable demographic trends along with strong productivity growth. Growth and poverty reduction have been broad based to-date, and between 2010 to 2016, older generations benefited the most relative to the other age groups from poverty reduction. Increased productivity and labor force participation can help to mitigate the adverse impacts of a shrinking working-age population. Evidence suggest Vietnam’s youth are already investing more in human capital than their elders. Encouraging people to continue working even when they grow older can also help compensate for the shrinking labor force. 2021-10-04T14:32:25Z 2021-10-04T14:32:25Z 2021-09-23 Report http://documents.worldbank.org/curated/undefined/544371632385243499/Vietnam-Adapting-to-an-Aging-Society http://hdl.handle.net/10986/36324 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Hanoi Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Vietnam
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ELDERLY CARE ELDERLY EMPLOYMENT DEMOGRAPHIC TRENDS AGING PUBLIC PROGRAM SOCIAL ASSISTANCE PENSIONS HEALTH INSURANCE
spellingShingle	ELDERLY CARE ELDERLY EMPLOYMENT DEMOGRAPHIC TRENDS AGING PUBLIC PROGRAM SOCIAL ASSISTANCE PENSIONS HEALTH INSURANCE World Bank Vietnam : Adapting to an Aging Society
geographic_facet	East Asia and Pacific Vietnam
description	Vietnam is a young country on the cusp of a dramatic aging of the population that is taking place at a faster pace and at an earlier level of development than most other countries in the world. Though Vietnam’s favorable demographic window of opportunity is still open, this report argues it should take key actions with immediate effect to prepare for a rapidly aging society. Vietnam has achieved vibrant economic growth and poverty reduction over the past few decades, thanks in large part to favorable demographic trends along with strong productivity growth. Growth and poverty reduction have been broad based to-date, and between 2010 to 2016, older generations benefited the most relative to the other age groups from poverty reduction. Increased productivity and labor force participation can help to mitigate the adverse impacts of a shrinking working-age population. Evidence suggest Vietnam’s youth are already investing more in human capital than their elders. Encouraging people to continue working even when they grow older can also help compensate for the shrinking labor force.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Vietnam : Adapting to an Aging Society
title_short	Vietnam : Adapting to an Aging Society
title_full	Vietnam : Adapting to an Aging Society
title_fullStr	Vietnam : Adapting to an Aging Society
title_full_unstemmed	Vietnam : Adapting to an Aging Society
title_sort	vietnam : adapting to an aging society
publisher	World Bank, Hanoi
publishDate	2021
url	http://documents.worldbank.org/curated/undefined/544371632385243499/Vietnam-Adapting-to-an-Aging-Society http://hdl.handle.net/10986/36324
_version_	1764485008214458368

Vietnam : Adapting to an Aging Society

Similar Items