Will holidaying in our old age continue to be an option?
The Economist has released some data on the changing numbers of workers in various countries.
Economists are looking to Japan for indicators about the future of Europe.
Could China be running out of workers? Changes in the economy and
education, combined with a mounting demographic crisis, confront
employers and the government with big problems.
China’s rapid economic development and America’s evident vulnerabilty
after the Global Financial Crisis could make the Chinese a bit smug.
But as leading demographer Nicholas Eberstadt points out in a
frightening article in the Far Eastern Economic Review
, China faces gigantic economic problems as the legacy of its one-child policy.