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Author: John C. H. Fei
Publisher: Homewood, Ill., Irwin
ISBN:
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
Author: John C. H. Fei
Publisher: Homewood, Ill., Irwin
ISBN:
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
Author: Fei
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 324
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Author: Karsten Laursen
Publisher:
ISBN:
Category : Colombia
Languages : en
Pages : 0
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Author: United States. Department of the Interior. Office of Small and Disadvantaged Business Utilization
Publisher:
ISBN:
Category : Government purchasing
Languages : en
Pages : 8
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Author: Gustav Ranis
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 0
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Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Unemployed
Languages : en
Pages : 48
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Author: Hayne E. Leland
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 46
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Author: Lloyd George Reynolds
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 103
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Author: Ms.Mitali Das
Publisher: International Monetary Fund
ISBN: 1475525192
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages and episodic labor shortages, has raised questions about whether China is poised to cross the Lewis Turning Point, a point at which it would move from a vast supply of low-cost workers to a labor shortage economy. Crossing this threshold will have far-reaching implications for both China and the rest of the world. This paper empirically assesses when the transition to a labor shortage economy is likely to occur. Our central result is that on current trends, the Lewis Turning Point will emerge between 2020 and 2025. Alternative scenarios—with higher fertility, greater labor participation rates, financial reform or higher productivity—may peripherally delay or accelerate the onset of the turning point, but demographics will be the dominant force driving the depletion of surplus labor.
Author: Andrew Briscoe
Publisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 226
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