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The first pandemic of the 21st century has brought Pyrrhic attention to one of the era's greatest megatrends - population ageing. Today rich countries are disproportionately affected but increasingly the world's elderly are residents of developing countries. In rich and poor countries alike, a...
Persistent link: https://www.econbiz.de/10012241583
A brief analysis of the different demographic tendencies that will affect the 65 countries of the Belt and Road Initiative allows to point out that they are largely spread along the path of the demographic transition so that in some working age population will dramatically decline, in others...
Persistent link: https://www.econbiz.de/10012162988
Population aging has significant economic and social costs, and this paper studies its impacts on inequality, both theoretically and empirically. First, we build a two-period overlapping-generation model with an uncertain lifetime and find that population aging has the overall effect of...
Persistent link: https://www.econbiz.de/10011757983
In the past forty years the Chinese economy achieved miracle growth and many attributed a significant part of this to China's favourable labour supply flowing from the "demographic dividend": a larger share of working age population (WAPS). Currently, this dividend is slipping away and many in...
Persistent link: https://www.econbiz.de/10014348145
During the past 40 years, the economy of the People's Republic of China (PRC) has achieved miraculous growth, a significant part of which many have attributed to its favorable labor supply resulting from the country's "demographic dividend"-that is, a relatively large share of the working-age...
Persistent link: https://www.econbiz.de/10014426272
Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than have most industrial economies. This paper quantifies the distributional effects in the context...
Persistent link: https://www.econbiz.de/10012981982
As an economy with a population of 23 million, Taipei,China is enjoying the demographic dividend of economic growth resulting from a shift in the population age structure, but an increasingly aged population could be bad for the economy. As an international comparison, its population is aging...
Persistent link: https://www.econbiz.de/10012490538
We examine the role of demographics and changing industrial policies in ac- counting for the rapid rise in household savings and in per capita output growth in China since the mid-1970s. The demographic changes come from reductions in the fertility rate and increases in the life expectancy,...
Persistent link: https://www.econbiz.de/10012058934
Germany should pay more attention to risks in procurement, manufacturing and sales in China. First, China’s population has been shrinking since 2022 and is rapidly ageing; this will cause its economic strength as well as production and consumption opportuni-ties to decrease. Secondly, the...
Persistent link: https://www.econbiz.de/10014250284
The timing of China’s and India’s demographic transitions and the implications of alternative fertility scenarios are here explored using a global economic model incorporating full demographic behavior and measures of dependency that include the working aged and those of working age who do...
Persistent link: https://www.econbiz.de/10014182654