Population : Demographic Dividend or a Demon ?

 

 

Article link:

 

China eyes birth-friendly society with population stimulus next on the agenda

 

Extract from the article:

 

China is focusing on nurturing a birth-friendly society by introducing measures like a childbirth subsidy system, increased tax cuts for parents, and improved benefits such as medical support, housing assistance, and extended leave policies to alleviate the financial burden of raising children. 

These initiatives come in light of China's declining birthrate and aim to encourage couples to have more children, ultimately contributing to the growth and sustainability of the population.

 

 

My Take:

 

 

A.    In China, Birthrate Falls To Lowest Level In 70 Years

 

In my blog from 2020, I highlighted China's declining birthrate and its correlation with the rise in per capita GDP, emphasizing that wealthier individuals tend to have fewer children. 

This insight resonates with the current situation in China as they strive to boost their population through incentives and support systems for parents. 

It underscores the importance of addressing economic factors in population dynamics, a concept that remains significant in shaping demographic policies.

 

 

B.    UP Population Bill: Opening a Pandoras Box?

 

 

The blog discussed the population control measures proposed in Uttar Pradesh, India, including incentives for adhering to a two-child policy and job restrictions based on family size.

 

Drawing parallels, China's move towards a birth-friendly society mirrors the complexities highlighted in the UP population bill, indicating the global relevance of population policies and the balancing act governments face in managing birth rates, incentives, and societal impacts.

 

 

Call to Action:

 

 

To the policymakers in China and beyond, I urge a holistic approach in crafting population stimulus strategies that consider socioeconomic factors, healthcare provisions, and long-term sustainability.

 

Encouraging family growth requires a delicate balance of incentives, support systems, and societal considerations to foster a birth-friendly environment conducive to population growth and prosperity.

 

With regards,

 

Hemen Parekh

 

www.My-Teacher.in

 

www.HemenParekh.ai