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Relaxing Of China’s One-Child Policy Could Have Long-Term Effects On Demographics, Economy

In a Foreign Policy opinion piece, Daniel Altman, a teacher of economics at New York University’s Stern School of Business and chief economist of Big Think, examines how the relaxing of China’s one-child policy might affect the demographic and economic projections in the country. He discusses China’s aging population, the possibility of an increase in unemployment, the potential for declines in health indicators, and other potential changes. “Early reports suggest that the transition will be gradual, so some of these risks might be finessed,” Altman writes, concluding, “But even if the eventual abandonment of China’s limits on childbearing led to an additional 10 million births a year, as the government’s own estimates have suggested it might, the long-term effects on the economy would be decidedly mixed” (11/18).