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China’s Demography and its Implications

China’s Demography and its Implications
Author: Mr.Il Houng Lee
Publisher: International Monetary Fund
Total Pages: 27
Release: 2013-03-28
Genre: Business & Economics
ISBN: 1484391470

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In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to reassess national savings behavior, with greater prominence and more careful consideration given to the role played by changing demography. We use a forward-looking and dynamic approach that considers the entire population distribution. We find that this not only holds up well empirically but may also be superior to the static dependency ratios typically employed in the literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should have induced a negative current account in the 2000s and a positive one in the 2010s given the rising share of prime savers, only turning negative around 2045. The opposite is true for the United States and Western Europe. The observed divergence in current account outcomes from the simulated path appears to have been partly policy induced. Over the next couple of decades, individual countries’ convergence toward the simulated savings pattern will be influenced by their past divergences and future policy choices. Other implications arising from China’s demography, including the growth model, the pension system, the labor market, and the public finances are also briefly reviewed.


Analysing China's Population

Analysing China's Population
Author: Isabelle Attané
Publisher: Springer
Total Pages: 268
Release: 2014-10-06
Genre: Social Science
ISBN: 9401789878

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Based on China’s recently released 2010 population census data, this edited volume analyses the most recent demographic trends in China, in the context of significant social and economic upheavals. The editor and the expert contributors describe the main features of China’s demography, and focus on the details of this latest phase of its demographic transition. The book explores such striking characteristics of China’s demography as the changing age and sex population structure; recent trends in marriage and divorce; fertility trends with a focus on sex imbalance at birth; the demography of the ethnic minorities and recent mortality trends by sex. Analysing China's Population: Social Change in a New Demographic Era examines and assesses the impact of changes that in the coming decades will be crucial for individuals, and the larger society and economy of the nation.


Transition and Challenge

Transition and Challenge
Author: Zhongwei Zhao
Publisher: OUP Oxford
Total Pages: 364
Release: 2007-02-22
Genre: Social Science
ISBN: 0191538434

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With the largest population in the world, China has experienced significant demographic, social, and economic changes in recent decades. Extraordinary demographic changes took place in China in the second half of the twentieth century having wide-ranging consequences. This book, written by a group of leading experts, examines these profound changes in an effort to understand their long term impact and provide an up-to-date account of China's demographic reality. The volume provides a comprehensive and authoritative analysis of a wide range of issues such as China's unprecedented family planning program, the impact of falling birth rates coupled with increasing life expectancy, changes in marriage patterns, and increasing rural-urban migration. Anyone who is interested in China and its recent demographic changes will benefit from the rich materials and thorough analysis provided in this book.


Economic Implications of China's Demographics in the 21st Century

Economic Implications of China's Demographics in the 21st Century
Author: Mr.Kevin C. Cheng
Publisher: International Monetary Fund
Total Pages: 32
Release: 2003-02-01
Genre: Social Science
ISBN: 1451844824

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This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility rates reduce the future supply of labor, capital will become less productive. Consequently, if international capital mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no significant link between demographic structures and per capita income growth.


The Population of Modern China

The Population of Modern China
Author: Dudley L. Poston Jr.
Publisher: Springer Science & Business Media
Total Pages: 750
Release: 2013-11-11
Genre: Social Science
ISBN: 1489912312

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Student~ interested in world populations and demography inevitably need to know China. As the most populous country of the world, China occupies a unique position in the world population system. How its population is shaped by the intricate interplays among factors such as its political ideology and institutions, economic reality, government policies, sociocultural traditions, and ethnic divergence represents at once a fascinating and challenging arena for investigatIon and analysis. Yet, for much of the 20th century, while population studies have developed into a mature science, precise information and sophisticated analysis about the Chinese population had largely remained either lacking or inaccessible, first because of the absence of systematic databases due to almost uninterrupted strife and wars, and later because the society was closed to the outside observers for about three decades since 1949. Since the end of the Cultural Revolution, things have dramatically changed. China has embarked on an ambitious reform program where modernization became the utmost goal of societal mobilization. China could no longer afford to rely on imprecise census or survey information for population-related studies and policy planning, nor to remaining closed to the outside world. Both the gathering of more precise information and access to such information have dramatically increased in the 1980s. Systematic observations, analyses and reporting about the Chinese population have surfaced in the population literature around the globe.


The Great Demographic Reversal

The Great Demographic Reversal
Author: Charles Goodhart
Publisher: Springer Nature
Total Pages: 260
Release: 2020-08-08
Genre: Business & Economics
ISBN: 3030426572

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This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality. “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others. This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.


China's Low Birth Rate and the Development of Population

China's Low Birth Rate and the Development of Population
Author: Guo Zhigang
Publisher: Routledge
Total Pages: 367
Release: 2017-12-12
Genre: Social Science
ISBN: 135161293X

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As the most populous country in the world, China’s demographic challenges have always been too many people for ecological system, resources, and the environment. However, by the early 1990s, fertility rate in China had dropped below the replacement level, and China’s low fertility has now attracted the world’s attention. This book is among the first studies to raise and examine questions on low fertility in China, believing that China has entered a new era featured by low birth rate and ageing population. Utilizing advanced research methods and models on low fertility to analyze China’s census data, this book explores the issues from various perspectives. Methodologies employed in past population studies, policy making concerning fertility rate, underreporting of births and fertility rate estimates, fertility level of the migrant population, current population pattern, long-term population trends, population dynamics, and many other thought-provoking problems are covered. Finally, the book revisits China’s population issues in the context of globalization. The 21st century has seen the new challenge of persistent population decrease and ageing worldwide, which, along with economic globalization, demands a new understanding of the changes in population pattern and their consequences. Researchers and students in China’s demographic and social studies will be attracted by the insightful analysis and rich materials provided in the book. Population policy makers will also benefit from it.


Governing China's Population

Governing China's Population
Author: Susan Greenhalgh
Publisher: Stanford University Press
Total Pages: 420
Release: 2005
Genre: Social Science
ISBN: 9780804748803

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'Governing China's Population' tells the story of political and cultural shifts, from the perspectives of both regime and society.


Fertility, Family Planning and Population Policy in China

Fertility, Family Planning and Population Policy in China
Author: Chiung-Fang Chang
Publisher: Routledge
Total Pages: 208
Release: 2005-12-16
Genre: History
ISBN: 1134349769

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China's one-child population policy, first initiated in 1979, has had an enormous effect on the country’s development. By reducing its fertility in the past two decades to less than two children per woman, and developing a family planning program focused heavily on sterilization and abortion, China has undergone a significant transition in status to a demographically developed country. Bringing together contributions from leading academics, this book looks at the impact of the government's strict control over planning and population growth on the family, the wider society and the country's demography. The contributors examine developments such as family planning policy and contraceptive use, biological and social determinants of fertility, patterns of family and marriage and China's future population trends. As such it will be essential reading for academics, researchers, policy makers and government officials with an interest in China’s population policy.