According to estimates by S.- H. Lee and Mason (2011), population aging will lead to substantial capital deepening, a strategy very much in line with Asia’s traditionally high saving and investment rates. Table 1.3 shows that pension assets in ADB DMCs would rise from 1.2 times total labor income in 2010, to 2.1 times total labor income in 2030, and 2.7 times total labor income in 2050. This capital deepening should provide a boost to economic growth that easily dominates the effects of a declining support ratio.