Title

China’s Demography and its Implications

Il Houng Lee, Xu Qingjun, Murtaza Syed

China’s Demography and its Implications

In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to reassess national savings behavior, with greater prominence...
Topics: 
Economy
Keywords: 
Labor, Finance, Savings