The impact of demographic change in Asia on the global economy

In this seminar, Professor Warwick McKibbin will outline his ARC Centre of Excellence project on population ageing. The overall project is multi-disciplinary across a number of universities. The project located at ANU will be focused on incorporating demographic issues into the production and consumption decisions of households and firms and the balance sheets of government and the financial sector; applying the modelling developments to all countries and regions in the G-Cubed global economic model with a focus on countries in the Asia-Pacific region; and using this model to explore different demographic scenarios and evaluate alternative policy responses.