Demographic Perspective of Chinas Economic Development - 9780367471033

Taylor & Francis

Demographic Perspective of Chinas Economic DevelopmentAuthor(s): Fang Cai\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367471033, 978-0367471033\nSynopsis\nChina 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 Chinas 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.\n\nThis book is a collection of 14 papers presenting the authors observations, analysis, and opinions of Chinas long-term economic development from the demographic perspective, while analysing real economic .