Managing Demographic Transitions: A Comprehensive Analysis of China's Path to Economic Sustainability

Author:

Yuxin Hu

Keyword:

Economics, General Economics, General Economics (econ.GN)

journal:

date:

2023-12-19 00:00:00

Abstract

This article presents an analysis of China's economic evolution amidst demographic changes from 1990 to 2050, offering valuable insights for academia and policymakers. It uniquely intertwines various economic theories with empirical data, examining the impact of an aging population, urbanization, and family dynamics on labor, demand, and productivity. The study's novelty lies in its integration of Classical, Neoclassical, and Endogenous Growth theories, alongside models like Barro and Sala-i-Martin, to contextualize China's economic trajectory. It provides a forward-looking perspective, utilizing econometric methods to predict future trends, and suggests practical policy implications. This comprehensive approach sheds light on managing demographic transitions in a global context, making it a significant contribution to the field of demographic economics.

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