The Philippines is still an expanding and a young population and it has been on record that the number of children per woman in the Philippines is about 2.8, well above the 2.1 replacement rate. - Bloomberg
MANILA (Bloomberg): Unlike its wealthier neighbors like Japan and South Korea, an aging society is likely to be the least of the Philippines’ problems in the next decades, making it capable of supplying the world with needed manpower.
"The challenge of demography will not be on an aging population but more on a young population that needs to find jobs either domestically or internationally,” Quy-Toan Do, a Washington-based lead economist in the World’s Bank’s Development Research Group, said in Manila.
