Anzeige
Erschienen in:
2015 | OriginalPaper | Buchkapitel
China’s Premature Demographic Transition in Government-Engineered Growth: Macroeconomic Insights and Policy Implications
verfasst von : Harry X. Wu, Yang Du, Fang Cai
Erschienen in: Asymmetric Demography and the Global Economy
Verlag: Palgrave Macmillan US
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
In this chapter we investigate China’s demographic transition and discuss its financial and macroeconomic implications against the background of government-engineered growth. It should be emphasized from the very beginning that we do not take China’s demographic transition for granted. Rather, we consider China’s demographic transition as a premature process of a coherent part of China’s development strategy that was adopted in the early 1950s and carried out thereafter throughout both its planning and reform periods. In our analysis, we pay particular attention to the “cost” of the government’s forceful and substantial interventions in both demographic transition and resource allocation that aim to achieve a faster catch up with the advanced economies.