[Animated Charts] China's demographic transformation (1950-2050) due to 1 child policy

swissaustrian

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That's the cruel endresult of the one child policy. Japan 2.0


Demographics are a key driver of economic development:
http://books.google.ch/books?hl=de&... a key driver of economic development&f=false

China won't outgrow the US forever. That's a certainty. The commie solution to an overaged population could be euthanasia :snidely:

[ame="www.youtube.com/watch?v=aTjQO163P2E"]Soylent Green (1973) - YouTube[/ame]
 

dontdeBasemebro

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Wow, cool charts. Gen X is going to wreck China; they can't fund socialist retirement schemes with those demographics.
 

pmbug

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Japan is the country that currently has the worst "overage" population demographic problem. Much worse than the baby boomer problem here in the USA.
...
Taro Aso said on Monday that the elderly should be allowed to "hurry up and die" to relieve pressure on the state to pay for their medical care.

"Heaven forbid if you are forced to live on when you want to die. I would wake up feeling increasingly bad knowing that [treatment] was all being paid for by the government," he said during a meeting of the national council on social security reforms. "The problem won't be solved unless you let them hurry up and die."

Aso's comments are likely to cause offence in Japan, where almost a quarter of the 128 million population is aged over 60. The proportion is forecast to rise to 40% over the next 50 years.
...
More: http://globaleconomicanalysis.blogspot.com/2013/01/let-elderly-people-hurry-up-and-die.html

There is a reason that Obama put a priority on Obamacare and recently said that "we" don't have a spending problem - we have a healthcare problem. Unfortunately, I think his solution is likely in line with the Japanese Finance Minister's view.
 

DSAbug

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Obama care is about recapitalizing insolvent insurance companies, not providing healthcare. They wanted to make insurance companies more profitable and they did.
 

swissaustrian

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China Hits Key Demographic Ceiling As Working-Age Population Now Declining
Submitted by Tyler Durden on 01/29/2013 19:11 -0500

The meme of the moment remains China's 'rotation' to urbanization as the new growth engine, but as SocGen's Wei Yao notes, while this shift from farmers to manufacturers has raised productivity, urban population growth is set to decelerate rapidly in the current decade. Yao comments that the impact of urbanization has been "misunderstood and overstated by the market" as it is now official that China’s working-age population has peaked and is starting to decline. China’s National Bureau Statistics announced that the share of population aged between 15 and 60 years old declined for the first time in 2012 by 0.6ppt to 69.2%. This slower labor growth brings China ever closer to the so-called "Lewis Turning Point" at which excess labor in the agriculture sector is fully absorbed into modern sectors - leading to no or negligible productivity improvements. The bottom line is that hopes for "new urbanization" appear overdone, given the demographic (and productivity) headwinds and China's focus should shift to social safety nets and not torrid physical construction.



...
http://www.zerohedge.com/news/2013-...-ceiling-working-age-population-now-declining
 

bushi

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this is not only the result of "one child policy", this chart looks very similar for western countries as well. This is precisely why our current promises of state-founded retirement, are complete fallacy. But try to get elected, telling the increasing demographic group, that unfortunately, they will have to go & pound sand.

There are so many places/ways, where our current politics are clashing with the reality, the outcome simply cannot be smooth. And guess who is going to win in the end -a policy, or the reality :D
 

swissaustrian

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[ame="www.youtube.com/watch?v=O0PymRLsRco"]Arnott on the 3-D Hurricane - YouTube[/ame]
 
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