China is historically famous for its high demographic dividend and
its huge working population, and this has driven tremendous
economic growth over the past few decades. However, that population
has begun to shrink and the Lewis turning point whereby surplus
rural population has been absorbed into manufacturing is also
approaching, leading to great change in the Chinese labor market.
Will this negatively affect China's economic growth? Can the
"Middle-Income Trap" be avoided? What reforms should be made on the
labor supply side? This book tackles these key questions. This book
is a collection of 14 papers presenting the author's observations,
analysis, and opinions of China's long-term economic development
from the demographic perspective, while analysing real economic
problems from the past and including policy recommendations. It
provides a critical reference for scholars and students interested
in Chinese economic development and demographic perspectives on
economic development.
General
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