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When Demographic Dividend Disappears: Growth Sustainability of China

In: The Chinese Economy

Author

Listed:
  • Cai Fang

    (Chinese Academy of Social Sciences)

  • Zhao Wen

    (Chinese Academy of Social Sciences)

Abstract

Since the start of gradualist economic reform and opening up in the late 1970s and through its relentless efforts to join and operate within the World Trade Organization in 2001, China has been deepening its participation in economic globalization and engagement in the market-based allocation of resources. The reform and opening up so far has achieved considerable success, as it has fulfilled its original policy design — leading to significant improvements in its economic growth and people’s income level. As it replaced Japan as the world’s second-largest economy in 2010, its per capita GDP has hit $4,300 — according to World Bank estimates — and it has become a middle-income economy.

Suggested Citation

  • Cai Fang & Zhao Wen, 2012. "When Demographic Dividend Disappears: Growth Sustainability of China," International Economic Association Series, in: Masahiko Aoki & Jinglian Wu (ed.), The Chinese Economy, chapter 4, pages 75-90, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-03429-8_5
    DOI: 10.1057/9781137034298_5
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    Cited by:

    1. Wang, Chao & Zhang, Yue-Jun, 2022. "The effect of environmental regulation and skill premium on the inflow of FDI:Evidence from Chinese industrial sectors," International Review of Economics & Finance, Elsevier, vol. 81(C), pages 227-242.
    2. Wen ZHAO & Xuyang ZHU, 2016. "The Impact of the Transformation of Age Structure on Economic Growth," Chinese Journal of Urban and Environmental Studies (CJUES), World Scientific Publishing Co. Pte. Ltd., vol. 4(04), pages 1-15, December.
    3. González Alejandro López & González-González María Jesús, 2018. "Third demographic transition and demographic dividend: An application based on panel data analysis," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 42(42), pages 59-82, December.

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