this is a huge paradigm shift in china. in terms of the economy, this will increase the labor market exponentially in the long run
Youre right, this is just the tip of the iceberg
I agree that this policy will add some modest growth but the increased labor won't enter the labor market until the nest twenty years. I also think it will help alleviate some other social problems like abortions, female infanticide etc
I think China HAS to do this because of the age disparity concerns.
this is a huge paradigm shift in china. in terms of the economy, this will increase the labor market exponentially in the long run
ReplyDeleteYoure right, this is just the tip of the iceberg
DeleteI agree that this policy will add some modest growth but the increased labor won't enter the labor market until the nest twenty years. I also think it will help alleviate some other social problems like abortions, female infanticide etc
ReplyDeleteI think China HAS to do this because of the age disparity concerns.
ReplyDelete