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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (141396)5/15/2018 11:21:16 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 219915
 
That came out of the old Booms Busts and Recoveries thread but Tradermike ..

Subject 37210

Where I cut my teeth ... as did many...



To: Doug R who wrote (141396)5/16/2018 12:12:17 AM
From: elmatador  Read Replies (1) | Respond to of 219915
 
The Darkest Interregnum is this Doug

during the next 30 years its working-age population is set to shrink by 180m, and it will need 20m more domestic workers.


That means the end of the Asian Age of Exportation by Using Low Wage People.


Overall, East Asia would have to import 275m people between the ages of 15 and 64 by 2030 to keep the share of its population at working age steady. Singapore, Malaysia, Vietnam and especially Thailand need workers, while Myanmar, Indonesia and the Philippines have too many.


That means Asian industry has to move to: Myanmar, Indonesia and the Philippines. Which in its turn lower he number of these migrants to Middle East as they find jobs at home. Africans will be flowing to the Middle East to replace the South East Asians.


South Asia, meanwhile, could afford to lose 134m labourers—India alone could send more than 80m abroad—without worsening its dependency ratio. China’s projected shortfall in 2030 is equivalent to 24% of its current working-age population; in Bangladesh the likely surplus is 18%.

Europe and the US will compete with Asia for the workers.

Immigration may have a triple benefit for Asia’s ageing societies. A study of the United States showed that immigrant inflows both lower the cost of child care and modestly increase fertility rates among native women with college degrees. Foreign workers add to the labour force themselves, help native women take fuller part in it, and help them bear the workers of tomorrow. It is a pity that Asia does not make more use of them.

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