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A National Transfer Accounts (NTA) project based at the East-West Center has worked with national teams to analyze population and economic data in 15 low- and middle-income countries of Asia—Bangladesh, Cambodia, China, India, Indonesia, Iran, Lao People’s Democratic Republic (PDR), Malaysia, the Maldives, Mongolia, Nepal, the Philippines, Thailand, Timor-Leste, and Vietnam. The analysis also includes three advanced economies in the region―Japan, the Republic of Korea, and Taiwan Province of China. Among other findings, this study points to striking differences in the distribution of resources among age groups. Consumption by children is particularly high in China, Korea, and Taiwan and particularly low in India, Cambodia, and the Philippines. Consumption of healthcare and education tends to be low among children in low-income families and those who live in rural areas. Policies to promote economic growth in the longer term need to improve investment in the health and education of these children, who will become a large proportion of tomorrow’s workforce.
A National Transfer Accounts (NTA) project based at the East-West Center has worked with national teams to analyze population and economic data in 15 low- and middle-income countries of Asia—Bangladesh, Cambodia, China, India, Indonesia, Iran, Lao People’s Democratic Republic (PDR), Malaysia, the Maldives, Mongolia, Nepal, the Philippines, Thailand, Timor-Leste, and Vietnam. The analysis also includes three advanced economies in the region―Japan, the Republic of Korea, and Taiwan Province of China. Among other findings, this study points to striking differences in the distribution of resources among age groups. Consumption by children is particularly high in China, Korea, and Taiwan and particularly low in India, Cambodia, and the Philippines. Consumption of healthcare and education tends to be low among children in low-income families and those who live in rural areas. Policies to promote economic growth in the longer term need to improve investment in the health and education of these children, who will become a large proportion of tomorrow’s workforce.
