The National Transfer of Accounts is a framework for understanding the generational economy – the flows of resources throughout life, and between individuals, households, the state, and the rest of the economy.
This is a sharing between researchers in Singapore and Malaysia on their respective work. Topics include the decomposition of the economic support ratio in Singapore, changes in Singapore’s Life Cycle Deficit over the years, ageing, labour productivity and economic growth, and financing old age, the sources of demographic dividends in the past and in the future.