Special Issue: Population and economic development in East Asia 2
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Population and Economic Development in East Asia 2
Special Issue: Population and economic development in East Asia 2 Tomoko Kinugasa1 Received: 24 July 2020 / Accepted: 25 July 2020 / Published online: 7 August 2020 © Japan Economic Policy Association (JEPA) 2020
This special feature, “Population and economic development in East Asia”, is based on the plenary sessions of the 18th International Conference of the Japan Economic Policy Association (JEPA18) held 16th–17th, November, 2019 at Chuo University, Tokyo, Japan. It is continued from the previous issue. East Asia has attracted attention of many researchers. Economic development of East Asian countries has been remarkable, since the end of the World War II. First, Japan experienced a high economic growth in 1960s. At that time, demographic transition happened, and Japan took advantage of demographic dividend, such as high share of working-age population and low share of dependent population. Following Japan, China and Vietnam has been experiencing high economic growth recently. In the future, most countries in East Asia are expected to face population aging. In addition, the worldwide development of ICT (Information and communication technology) has been tremendous recently. Especially, China has introduced ICT quite rapidly. Electric payment and SNS (Social networking service) have been prevailing uniquely in China. It would be essential to consider the development of ICT when we discuss the development of East Asia in the future. The special feature deals with hot topics regarding population and economic development in East Asia. In the previous issue, the following articles discussed population and economy in Japan and China. Kato, H. “Does a relationship between fertility and labor participation of women really exist? Perspectives from time series analysis” [2] Yuan, X. and Gao, Y. “Demographic transition and economic miracles in China: an analysis based on demographic perspective” [8] Luo, K. and Kinugasa, T. “Challenges for China’s economic development: the saving glut and policy implication” [3]
* Tomoko Kinugasa [email protected]‑u.ac.jp 1
Graduate School of Economics, Kobe University, 2‑1, Rokkodai, Nada‑ku, Kobe 657‑8501, Japan
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International Journal of Economic Policy Studies (2020) 14:297–299
In this issue, five articles discuss population, technology and economic development in China, Japan and Vietnam. The first paper in this issue is titled “New normal and new economy: a new growth engine for China” and written by Yusaku Nishimura. The author points that the most innovating field is the Internet-based “new economy”. In this paper, he introduces the new mobile payment system such as Alipay and WeChat Pay and such system is a great engine for economic growth in China [4]. The second paper is titled “Vietnam after 2020: toward a prosperous economy, social inclusion, and environmental sustainability” and written by Tran Tho Dat. The author simulates and compares Vietnam’s economic growth paths between 2030 and 2045,
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