China’s deeply entrenched countercyclical policy mindset is misaligned with its structural challenges: mounting deflationary risks, exacerbated by the lethal interplay between a rapidly aging population and serious productivity problems. Read More Here
The most formidable demographic challenge facing the world is no longer rapid population growth, but population ageing. Thoughtful preparedness—combining behavioural changes, investment in human capital and infrastructure, policy and institutional reforms, and technological innovations—can enable countries to meet the challenge and take advantage of the opportunities presented by demographic change. Read More Here
The Chinese population census, released last May, revealed that China’s demographic situation is already quite worrying. Population growth over the previous decade is the slowest in Chinese history. The share of the population aged sixty years or over rose to nearly one-fifth of the total population. Read More Here
China’s ruling Communist Party said Monday it will ease birth limits to allow all couples to have three children instead of two in hopes of slowing the rapid ageing of its population, which is adding to strains on the economy and society. The ruling party has enforced birth limits since 1980 to restrain population growth […]
Around 11% of Japan’s land is “unclaimed” — plots that cannot be traced back to their owners. The figure is expected to jump to 19% by 2040, according to an expert study group. To put that into perspective, currently 41,000 sq km of land, equivalent to the Japanese island of Kyushu, or slightly smaller than […]
A quarter of a century of failure and economic stagnation has built a strong consensus on what ails Japan. All sources of analysis—domestic, foreign, government, corporate and nonprofit—identify two problems: the country’s aging demographics and its deeply entrenched, top-down approach to economic organization. This analysis is wrong. Read Here – The National Interest
With about 20 per cent of the world’s population, China has a strange problem: there are more boys than girls (sounds a bit like the situation in many parts of India) and it’s a population that is getting old faster than it should be if China still wants to keep growing its economy on the […]
Japan has two problems: It is rapidly aging, and its older citizens will not let politicians do anything about it. The country’s leaders must start thinking less about elderly voters and more about young families, or Japan’s economic prospects will remain grim. Read Here – Foreign Affairs
Japan‘s National Institute of Population and Social Security Research on March 27 announced a population estimate for Japan in 2040. As expected, what emerges out of this is a nation with an unprecedented rapidly aging and declining population. The implications of the estimate must be taken very seriously and preparations made to ameliorate the impact […]
We can now discern more or less when the catch-up growth miracle will sputter out. Another seven years or so – enough to bouy global coal, crude, and copper prices for a while – but then it will all be over. China’s demographic dividend will be exhausted. Beijing revealed last week that the country’s working […]
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