China’s extraordinary economic growth of the past two decades has been attributable in part to a “demographic dividend,” itself a consequence of China’s very low fertility. Small cohorts of children relative to a large working age population produced an age structure conducive to capital formation and wage restraint. China’s rapid demographic transition is thought to have contributed to the relatively rapid growth of output per capit…
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“Introduction to Volume 2 - The China Population and Labor Yearbook: Policy Prescriptions for a Second Demographic Dividend”, in:
Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online.
Consulted online on 23 April 2018 <http://dx.doi.org/10.1163/2213-6002_crpn_C9789004173538_005>