BROADCASTS.com

b'Many emerging Asian economies will likely face a pension fund crisis by 2030 if they fail to set aside sufficient money in a gradually aging region to care for their elderly.\\n\\nThe fiscal burden of public pensions in most Asian emerging economies is relatively small, reflecting comparatively young populations and limited coverage of the retired-age population, which has traditionally been left to families to handle.\\n\\nThe Asian Development Bank Institute\\u2014ADBI\\u2014looked more closely at the extent of the looming pension crisis to identify the current status of public pension spending in Asia; develop models to explain public pension spending in Asia in terms of basic economic and demographic variables; and use the models to forecast the likely developments in spending on public pensions in 23 emerging economies through 2030 as a result of demographic and income trends.\\n\\nRead the transcript\\nhttp://bit.ly/2h5pAGc\\n\\nRead Costs and Potential Funding of Expanded Public Pension Coverage in Asia\\nhttps://www.adb.org/publications/costs-and-potential-funding-expanded-public-pension-coverage-asia\\n\\nAuthors\\nPeter Morgan, ADBI co-chair of research https://www.adb.org/adbi/about/staff-profiles/peter-morgan\\nLong Q. Trinh, ADBI research associate https://www.adb.org/adbi/about/staff-profiles/long-trinh\\n\\nKnow more about ADBI\\u2019s work on pensions\\nhttp://bit.ly/2f84CWy'