China's Abolition of One Child Policy: Will it Correct the Demographic Imbalance?
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Case Code: ECON049 Case Length: 10 Pages Period: 1960-2015 Pub Date: 2016 Teaching Note: Not Available |
Price: Rs.400 Organization : - Industry : Chinese Economy Countries : China Themes: Economics |
Abstract Case Intro 1 Excerpts
Introduction
On 29 October, 2015, China’s ruling Communist Party announced that the One Child Policy that had been in force from 1980 was being discontinued and the families would from then on be allowed to have two children. This change was aimed at correcting the demographic imbalance that had resulted from the One Child Policy.
China’s population had increased tremendously during the period 1949 to 1978, and it became impossible to control the population growth rate without any stringent efforts. The rapid population growth led to increased consumption and reduced capital accumulation and investment. Overuse of natural resources became prominent as the dependence on land, water, and energy increased. The standard of living remained stagnant during the period. In order to resolve all these problems, the Chinese Government announced the One Child Policy in 1978, and strict enforcement of the policy started in 1980...
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