Pay-Back Time for China’s One-Child Policy

    If the aging process in China were a natural demographic transition, which in most developed countries is accompanied by an increase in productivity and per-capita income, China would have no difficulty in coping. It would simply need to follow what other countries have done to establish effective pension systems. However, the demographic shift in China is the result of socioeconomic development and implementation of a rigid family-planning program, which have made the transition not only the world's largest, but also the world's fastest……
    ( in Far Eastern Economic Review, May 2007, Volume: 170 Issue: 4 pp.58-61 )