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Warren Buffett’s 2018 Activist Investment
- Singapore and Thailand have the largest share of their population in the labor force, above 70%
- They also have a larger share of oldies compared to the other three ASEAN countries
- 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
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