scholarly journals The Challenges of Population Aging in the People's Republic of China

2021 ◽  
Author(s):  
Keyword(s):  
Labor Market ◽  
Population Aging ◽  
Elderly Care ◽  
Policy Support ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Term Care ◽  
Republic Of China ◽  
Age Dependency Ratio

The population in the People’s Republic of China (PRC) is aging rapidly, as the proportion of people aged 60 and above is expected to increase to 35% by 2050. While aging poses economic challenges, if managed well, it can generate new employment opportunities with the emergence of new professions related to elderly care. However, capturing these benefits require labor market reforms, higher public spending to finance long-term care and pensions, and policy support. This note presents policy recommendations to address identified socioeconomic implications of rapid population aging in the PRC, focusing on labor market changes, effective long-term elderly care, and measures to address the increasing old-age dependency ratio.

Inscriptions on the Wall

Out of War ◽  
2018 ◽  
pp. 237-255
Author(s):  
Mariane C. Ferme
Keyword(s):  
Cold War ◽  
West Africa ◽  
Sierra Leone ◽  
Rural Landscape ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Competing Interests

Drawing on the image of a “Chinese Store” in the author’s photographic archive, this chapter addresses past traces of Chinese presences in remote reaches of the rural landscape of Sierra Leone—and in commodities widely circulating in the country—in contrast to the more monumental scale of present-day Chinese projects in African states. Here Cold War alliances and competing interests of two Chinas (Taiwan and the People’s Republic of China) superimpose themselves on an archaeology of Chinese presence in West Africa that reaches back to the long term.

scholarly journals Population aging in the People's Republic of China

1986 ◽  
Vol 23 (12) ◽  
pp. 1353-1362 ◽  
Author(s):  
Jersey Liang ◽  
Edward Jow-Ching Tu ◽  
Xiangming Chen
Keyword(s):  
Population Aging ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China

People's Republic of China as an Engine of Growth for Developing Asia?

2011 ◽  
Vol 10 (2) ◽  
pp. 120-163 ◽  
Author(s):  
Donghyun Park ◽  
Kwanho Shin
Keyword(s):  
United States ◽  
Global Financial Crisis ◽  
The United States ◽  
People’S Republic Of China ◽  
Industrialized Countries ◽  
People's Republic Of China ◽  
Asian Countries ◽  
Republic Of China ◽  
Positive Effect

Developing Asia has traditionally relied on exports to the United States and other industrialized countries for demand and growth. As a result, the collapse of exports to the United States and other industrialized countries during the 2008–09 global financial crisis has sharply curtailed GDP growth across the region. The emergence of the People's Republic of China (PRC) as a globally influential economic force is fueling hopes that it can supplement the United States as an additional source of demand and growth. The central objective of this paper is to investigate whether exports to the PRC has a significant and positive effect on the GDP of eight developing Asian countries. Although the study's results indicate that exports to the PRC contributed to developing Asian countries' recovery from the global crisis, it is far too early to make well-informed judgments about the PRC's ability to support Asia's growth in the medium and long term.

scholarly journals Labor Market Returns to Education and English Language Skills in the People's Republic of China: An Update

2019 ◽  
Vol 36 (1) ◽  
pp. 80-111 ◽  
Author(s):  
M Niaz Asadullah ◽  
Saizi Xiao
Keyword(s):  
Labor Market ◽  
English Language ◽  
Returns To Education ◽  
Language Skills ◽  
General Social Survey ◽  
Ordinary Least Squares ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China ◽  
English Language Skills

We reexamine the economic returns to education in the People's Republic of China (PRC) using data from the Chinese General Social Survey 2010. We find that the conventional ordinary least squares estimate of wage returns to schooling is 7.8%, while the instrumental variable estimate is 20.9%. The gains from schooling rise sharply with higher levels of education. The estimated returns are 12.2% in urban provinces and 10.7% in coastal provinces, higher than in rural and inland areas. In addition, the wage premium for workers with good English skills (speaking and listening) is 30%. These results are robust to controls for height, body mass index, and English language skills, and to corrections for sample selection bias. Our findings, together with a critical review of existing studies, confirm the growing significance of human capital as a determinant of labor market performance in postreform PRC.

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