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Aging China - The Demographic Challenge to China's Economic Prospects (Hardcover, New)
Loot Price: R2,736
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Aging China - The Demographic Challenge to China's Economic Prospects (Hardcover, New)
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China, the world's most populous nation, will enter a period of
rapid aging very shortly that will redefine that country. Between
2010 and 2040, the portion of people 65 and older will rise from
around 7% to between 25 and 30% of the population. As China ages,
can it retain the youthful dynamism now driving it? China, the
world's most populous nation, will enter a period of rapid aging
very shortly that will redefine that country. Between 2010 and
2040, the number of people 65 and older will rise from around 7% to
between 25 and 30% of the population. As China ages, can it retain
the youthful dynamism now driving it? This book is an effort to try
to capture the broad outlines of the significant economic, market,
social, and demographic factors that will shape the future of China
and the role that aging will play in the whole mix of influences.
Aging in developed societies and economies has been widely studied.
In such nations as Japan, Germany, Italy, and Spain, for example,
we know that as populations age, their societies decline, leaving
fewer younger workers to support the growing number of people who
will become dependent on costly health care systems, or whose basic
needs, such as food and shelter, will need to be subsidized. But
less work has been done in assessing the potential impact of aging
in developing countries, where the majority of people may be
working poor, not middle class-as in the case of China. As China
restructures its economy, the old benefits packages previously
available to urban workers (and not rural workers) are being
replaced by a patchwork of benefits across a wide range of
enterprises.
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