As per China’s National Working Commission on Ageing, the spending on healthcare in this group was 7% in the year 2015, but according to estimates, it will increase to 26% of the GDP by the year 2050. The shrinking workforce of the Chinese po...
For various reasons, the Swedish accounts earn a rate of return equal to the rate of growth of the wage rate rather than the total wage bill. As a consequence, the benefits paid are unsustainably high if the workforce is shrinking, and are too low if it is growing. Budget balance is ...
2. The impact of China's aging population on the economy China's aging population is having a significant impact on its economy. As the proportion of elderly people increases, the country is facing challenges such as a shrinking workforce, increased healthcare costs, and a strain on social se...
The cities with shrinking populations were scattered across 23 of the 31 provincial-level regions on the Chinese mainland, with most of them in northeastern, central and western China. "Migration played a major role in the contractions because the total population has not shrunk yet," ...
data from the National Health Commission (NHC) shows. The proportion of people over 65 has grown from 9.1 percent in 2011 to 14.2 percent in 2021, which means the working-age population is shrinking quickly. Dependency ratios are rising as the population ages, straining the country's pension...
China's FDI fluctuated for several reasons. The country is still reeling from the COVID-19 pandemic, and disruptions to visits and exchanges affected the investment decisions of multinational companies. Moreover, the shrinking global cross-border investment has intensified worldwide competition for in...
Japan's population is shrinking as well as ageing. 57 In Tokyo it is below even the very how rates recorded in Italy and in Spain. What lessons are there for the rest of us when one of the most prosperous and peaceful societies in the world appears to give up on ch...
China, the manufacturing hub of the world, is under threat of losing that title. Its population is aging fast as the one-child policy begins to bite, and this could lead to a huge labor shortfall by 2050, according to experts.
Decades of population control have kept the fertility rate suppressed. A shrinking working-age population will tip the balance of the social security system, and deprive the future economy of a young and plentiful labor force. That’s why we need to remove population controls. It won’t immedia...
In a signed article released recently, He said that the shrinking number of people having their first child and the delay in having children are the primary reasons for the country's low fertility level. The average fertility rate ...