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China’s Population Bust

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Add to Bookmarks Jun 10, 2021 With the abolition of the one-child policy in 2015 having failed to prevent the country’s fertility rate from declining to Japanese levels, the Chinese government has announced that it will allow all families to have up to three children. What other measures can policymakers take to boost sluggish population growth – and should they even try? In this Big Picture, Fudan University’s Zhang Jun argues that China’s rapidly falling fertility risks significantly undermining its future economic growth, and urges the government to raise the

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With the abolition of the one-child policy in 2015 having failed to prevent the country’s fertility rate from declining to Japanese levels, the Chinese government has announced that it will allow all families to have up to three children. What other measures can policymakers take to boost sluggish population growth – and should they even try?

In this Big Picture, Fudan University’s Zhang Jun argues that China’s rapidly falling fertility risks significantly undermining its future economic growth, and urges the government to raise the retirement age as well as loosen family-planning rules. And Shang-Jin Wei of Columbia University, noting the...

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