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July 06, 2006

A labor shortage—in China?

    The world's most populous nation, which has built its economic strength on seemingly endless supplies of cheap labor, China may soon face manpower shortages. An aging population also poses difficult political issues for the Communist government, which first encouraged a population explosion in the 1950's and then reversed course and introduced the so-called one-child policy a few years after the death of Mao in 1976.

    That measure has spared the country an estimated 390 million births but may ultimately prove to be another monumental demographic mistake. With China's breathtaking rise toward affluence, most people live longer and have fewer children, mirroring trends seen around the world.

    Those trends and the extraordinarily low birth rate have combined to create a stark imbalance between young and old. That threatens the nation's rickety pension system, which already runs large deficits even with the 4-to-1 ratio of workers to retirees that it was designed for.

Although it’s sort of chilling to consider what passes for liberalization, there are signs that the Chinese government is loosening up somewhat:

    It now allows husbands and wives who were their parents' only children to have a second child, for example, and has eliminated a four-year waiting period between births for those eligible to have a second child.

More here.

Posted by tedb at July 6, 2006 10:08 AM




Comments

I haven't been up to anything today. I don't care. I've just been staying at home not getting anything done. Basically not much happening right now. Maybe tomorrow. I guess it doesn't bother me.

Comment by: Sten86363 at January 24, 2007 04:13 PM

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I've more or less been doing nothing worth mentioning, but eh. My life's been really bland today. I don't care. I've just been letting everything happen without me these days. That's how it is.

Comment by: Sten71817 at January 26, 2007 08:22 AM

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Not much on my mind these days, but what can I say? It's not important. I just don't have much to say lately. I've just been letting everything pass me by recently, but eh.

Comment by: Sten39330 at January 26, 2007 03:45 PM

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I just don't have anything to say , but shrug. So it goes. Not much on my mind recently. I can't be bothered with anything recently.

Comment by: Sten3357 at January 26, 2007 08:13 PM

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My life's been basically bland today. More or less nothing seems worth thinking about. My mind is like an empty room. I've more or less been doing nothing to speak of. Not much on my mind recently.

Comment by: Sten23837 at January 27, 2007 09:44 PM

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I feel like a complete blank, but I don't care. Pfft. I've pretty much been doing nothing worth mentioning.

Comment by: Sten74871 at January 28, 2007 10:41 AM

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I just don't have much to say recently. Such is life. I've basically been doing nothing. Basically nothing seems worth bothering with. Oh well.

Comment by: Sten81092 at January 29, 2007 04:14 PM

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Basically nothing seems worth thinking about. I haven't been up to much these days. I just don't have much to say right now. I can't be bothered with anything , but whatever.

Comment by: Sten63303 at January 30, 2007 12:35 AM

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I just don't have anything to say. Not that it matters. Eh. I've just been staying at home doing nothing, but I don't care. That's how it is.

Comment by: Sten88330 at January 30, 2007 07:47 AM

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I haven't been up to anything today. I don't care. I've just been staying at home not getting anything done. Basically not much happening right now. Maybe tomorrow. I guess it doesn't bother me.

Comment by: Sten31340 at January 30, 2007 09:43 PM

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I haven't been up to much lately. I've basically been doing nothing , but it's not important. I can't be bothered with anything recently. I've just been letting everything happen without me lately.

Comment by: Sten65426 at February 1, 2007 12:23 AM

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I feel like a complete blank, but I don't care. Pfft. I've pretty much been doing nothing worth mentioning.

Comment by: Sten7254 at February 1, 2007 10:19 AM

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I can't be bothered with anything these days, but shrug. I just don't have anything to say recently. I haven't gotten much done recently. Nothing seems worth thinking about.

Comment by: Sten20882 at February 2, 2007 03:45 AM

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I've just been staying at home not getting anything done. I guess it doesn't bother me. Shrug. I haven't been up to anything. I haven't gotten much done today.

Comment by: Sten41911 at February 4, 2007 02:15 AM

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I haven't been up to much today. I've just been letting everything happen without me. Basically nothing seems worth bothering with. I've just been hanging out doing nothing. I just don't have anything to say right now. More or less nothing happening.

Comment by: Sten76110 at February 4, 2007 04:49 PM

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I just don't have much to say these days, but so it goes. Today was a total loss. I guess it doesn't bother me.

Comment by: Sten2311 at February 5, 2007 12:35 AM

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I haven't been up to anything today. I don't care. I've just been staying at home not getting anything done. Basically not much happening right now. Maybe tomorrow. I guess it doesn't bother me.

Comment by: Sten36592 at February 5, 2007 04:52 AM

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I've just been staying at home waiting for something to happen, but I don't care. Basically nothing seems worth thinking about. I can't be bothered with anything recently.

Comment by: Sten26720 at February 5, 2007 09:56 AM

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I just don't have anything to say. Not that it matters. Eh. I've just been staying at home doing nothing, but I don't care. That's how it is.

Comment by: Sten9994 at February 5, 2007 04:33 PM

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Basically nothing seems worth thinking about. I haven't been up to much these days. I just don't have much to say right now. I can't be bothered with anything , but whatever.

Comment by: Sten12744 at February 6, 2007 12:05 AM

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I just don't have anything to say right now. I haven't been up to anything recently, but it's not important. I've just been sitting around waiting for something to happen, but shrug.

Comment by: Sten91014 at February 6, 2007 08:13 AM

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