Wednesday, October 01, 2014
"China's Self-Created Demographic Disaster Is Coming"
We are deluged with the idea that we should be worried about China.
Then, there's this...
Then, there's this...
On the National Interest blog, Olivia Enos presents what I would call a "thinking person's" view:
"Since implementation in 1979, the one-child policy has reduced China’s population by an estimated 400 million people. In addition to creating a gender imbalance, numerically favoring men over women, the policy also skewed the age demographic.
Economists estimate that China’s elderly population will increase 60 percent by 2020, even as the working-age population decreases by nearly 35 percent. This type of demographic shift is unprecedented and presents serious challenges to the economic health of the nation. Studies suggest that as a direct result of the one-child policy, China’s annual projected GDP growth rate will likely to decline from 7.2 percent in 2013 to around 6.1 percent by 2020.
