PETALING JAYA: Asia-Pacific economies that are able to maintain their relative credit strength despite the slowdown in population growth will see forward-looking policies and behavioural changes stimulate higher participation in the workforce and productivity expansion, says Moody’s Investors Service.
In its report on “Sovereigns – Asia-Pacific – Investment in human capital can offset demographic drag on growth”, Moody’s said many Asian sovereigns have robust economic strength, as compared to peers outside the region.