Demographics
Philippines and Malaysia Are Expected to See the Highest Population Growth in ASEAN
Chart of the Day: By 2050, Indonesia, Malaysia, and the Philippines are expected to have seen 25-48% population growth and relatively high labor force participation. This gives an optimistic outlook for economic growth in ASEAN.
Read MoreIn the next 30 Years, ASEAN Demographics Supports Good Economic Growth
Chart of the Day: By 2050, the ASEAN population is expected to grow by 26%, much more than Asia ex Japan. The larger share of youngsters in ASEAN is also expected to make it have a larger share of the population in the labor force.
Read MoreIs the Demographic Trend Your Friend?
The idea behind the MY ratio is that a large middle-aged population who want to invest should drive up prices of investment securities. The MY ratio has had strong correlation, 86%, to the PE of the US market since 1973.
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