This book is a quantitative assessment of the challenges China
faces as it tries to achieve the twin goals of mitigating the
effects of population aging while containing the overall size of
the population. After a close examination of the impact of China's
fertility policies on the country's population structure and size,
the author presents empirical evidence for the effectiveness of
finely calibrated easing of the country's decades-long birth
control policies for both of these objectives. This research uses
an innovative quantitative indicator-the Aging and Economic
Coordination Index (AECI)-to measure the macroeconomic pressure
population aging places on the country. This is the first time the
AECI has been systematically applied to gauge the magnitude and the
trends of that pressure for the 1980-2050 period, and to provide
the basis for policy suggestions about what might be done to ease
that pressure.
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