"The Effects of Structural Reform on Digitalization, Productivity and Labor Migration on APEC Economies in the Age of Ageing Population"
Found Source: APEC Support Fund (ASF)
Main Project Overseer: Tomoo Kikuchi, Professor, Graduate School of Asia-Pacific Studies, Waseda University
APEC Funding: 130,999.00 USD
Project Period: September 2025-June 2026
The Asia-Pacific region is a driver of economic growth, but many advanced economies are experiencing low birth rates and aging populations. In the medium to long term, emerging economies will face similar challenges, transitioning from a demographic bonus to a demographic onus, potentially leading to the "middle-income trap." This isa common challenge for APEC economies.
Under the APEC Putrajaya Vision 2040, the "Enhanced APEC Agenda for Structural Reform (EAASR)" aims to enhance digitalization and productivity in high-value-added industries and service sectors. Economies facing serious labor shortages, such as Japan, Chinese Taipei, and the Republic of Korea, are implementing policies to accept foreign talent, strengthening ties with APEC economies, through labor markets. This project will examine the impact of structural reforms on digitalization, productivity, and labor mobility in APEC economies by analyzing the economic effects of adopting digital technologies, and promoting foreign labor acceptance.
Our Adjunct Researcher, Takehiro Masutomo, was recently featured in the Financial Times. The newspaper published an in-depth and lengthy special report on the Run Ri phenomenon, the new wave of Chinese migration to Japan. In this feature, his book Run Ri was introduced with its cover image and described as a “revelatory work” and “the first serious probe of the Run-ri phenomenon as a socio-economic force.” This recognition is unprecedented for a Japanese nonfiction book that has not yet been translated into English, and highlights the global significance of this emerging mega-trend.
"A Study on the Trends and Market Size of Ultra-High-Net-Worth Individuals in Asia"
1 June 2025 - 31 August 2025
The International House of Japan