05062oam 2200529 450 991081350770332120190911112729.0981-4520-88-8(OCoLC)869374740(MiFhGG)GVRL8RES(EXLCZ)99255000000119147920131024h20142014 uy 0engurun|---uuuuatxtccrBeyond demographic dividends /Cai Fang, Chinese Academy of Social Sciences, ChinaSingapore :World Scientific :Social Sciences Academic Press (China),[2014]�20141 online resource (xi, 210 pages)Series on Chinese economics research,2251-1644 ;volume 5"Originally published in Chinese by Social Sciences Academic Press (China)."981-4520-87-X 1-306-39651-4 Includes bibliographical references and index.Preface; Contents; Chapter 1 The Arrival of the Lewis Turning Point; 1.1. How Many Turning Points will China's Economy Experience?; 1.2. Finding the Arrival of the Lewis Turning Point and its Policy Implication; The arrival of the Lewis turning point and its policy implication; The groups facing employment difficulties in the labor market; Trend in changes of labor relations; 1.3. Extended Reading: Demographic Transition, Demographic Dividend, and Lewis Turning Point in China; Introduction; Stages of Demographic Transition and Development of Dual EconomyThe economic impacts of Chinese demographic transition How to close the " aging before affluence" gap; Conclusion and policy implications; Chapter 2 The Disappearance of Demographic Dividends; 2.1. How China is Dealing with the Problem of "Growing Old Before Becoming Rich"; 2.2. How China Responds to the Disappearance of Demographic Dividends; The origin of demographic dividends; Debates from different policy intentions; Slower economic growth with the disappearance of demographic dividends; Conclusion; 2.3. Extended Reading: Demographic Dividend: New Source of Economic Growth; IntroductionSavings motive, savings source, and social security system Life Expectancy, Retirement Age, and Labor Supply; Human Capital, Labor Productivity, and Comparative Advantage; Chapter 3 End of the Unlimited Labor Supply Era in China; 3.1. The Era of Unlimited Labor Supply Ends in China; Introduction; Basic facts; Policy implications; The implication to sustainable economic growth; Implications to macro economy; Implications to the world economy; Implications to institutional changes; 3.2. The "Peasant Worker Shortage" Reflects the New Relationship of Labor Supply and Labor Demand3.3. Maintaining Composure and Positively Responding to the Changes in Labor Relations3.4. Extended Reading: Wage Increases, Wage Convergence, and the Lewis Turning Point in China; Introduction; The Increasing Trend of Ordinary Workers' Wages; Wages Convergence in Labor Market; Wage convergence among migrant workers; Wage convergence between local and migrant workers; Wage convergence across regions; Conclusions and Policy Implications; Shifting the economic growth mode; Building labor market institutions; Fostering new consumersChapter 4 Employment Challenges After Reaching the Lewis Turning Point 4.1. Increased Urgency of Employment Challenges in the Long Term; Emerging non-aggregate employment difficulties; The demand for human capital in the long term; More urgent challenge in the long term; 4.2. The Implication of Wage Convergence in the Urban Labor Market; Wage differences and distortions; Wage convergence and its implications; Implications and policy suggestions; 4.3. Promoting Healthy Development of China's Labor Market; Recognition of China's urban employment situationThe in-depth reason for the employment fluctuation of peasant workersThis book presents empirical observations and theoretical thinking of the fundamental changes in the Chinese economy. It starts with a warning of the arrival of the Lewis Turning Point, which is empirically proven by disappearance of surplus labor force and a rapid increase in wages of unskilled workers. It further reveals that China's rapid population-aging trend is diminishing the demographic dividend that has kept China's economic growth rate high. Subsequently, it touches upon employment challenges that arise after reaching the Lewis Turning Point, further propelling urbanization, a balanceSeries on Chinese economics research ;v. 5.Labor supplyChinaEconomic developmentChinaChinaEconomic conditions2000-Labor supplyEconomic development330.951Cai Fang283744MiFhGGMiFhGGBOOK9910813507703321Beyond demographic dividends4082931UNINA