As the global aging population advances and countries face shrinking workforces, a new study focusing on China by IIASA researchers and colleagues from Nanjing University reveals how economic growth can persist despite these changes in age structures. Drawing on detailed data from 336 cities between 2000 and 2020, the research shows that China’s long-standing demographic advantage, once powered by a large working-age population, has been steadily overtaken as the primary driver of growth by a new engine: the skills of its workforce. The work is published in the journal Proceedings of the National Academy of Sciences.
Skills overtake age as economic driver in China, analysis finds
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