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One-child policy March 27, 2008

Posted by umaced in One Child Policy.
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The one-child policy is a population control policy that seeks to convince families that the most desirable number of children is one, and it penalizes women who have two or more children.

The one-child policy is implemented by the Chinese government in 1979 due to arise of worries that continued population growth would outstrip the national’s population carrying capacity and obstruct economic development.

In total, China estimates it has three to four hundred million fewer people today with the one child policy – This policy is successful in a way that it attains the initial goal of controlling the population. However, due to the unanticipated political, social and economical consequences, the government official is now considering to remove or modify the policy.

China has a population of 1.3 billion, of which 70% was between the age of 15 and 64. This is much higher than the average of 61.5% for all middle-income countries. This is due to the existence of baby boomers in the 1960s. However, the economic impact of one-child policy will be clear when the working age population will drop of quickly and reach zero growth after 2015, which might hinder the promising economic growth. Moreover, it is estimated that the number of Chinese over 60 years old will increase from 128 million in 2000 to 350 million in 2030. The aging population will create substantial pressure on China’s social system.

Welcome to ACED Blog! March 27, 2008

Posted by umaced in ACED News.
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