China should not continue one-family one-child policy In China, the slogans are seen everywhere: it’s good to have only one child; fewer children, you are happy throughout your life. They all propaganda one-child policy. Some people maintain it is necessary to enforce the one-family one-child policy in China since the large population has caused many social problems, such as unemployment, social resources and land shortage, crowded traffic, poor housing. However many more people think the policy should be terminated. I am one of them because I believe implementing the policy has brought about large waste of social funds, demographic drawbacks, heavy social pension burden and huge social dissatisfaction. First, carrying out one-child policy costs much social funds. In China. there are 300,000 officials to enforce the One-Child Policy and a total of 92 million members who help out with enforcement. Total population in Canada was at 34 million on January 1,2011. Members who enforce the policy in China are almost three times the total population of Canada. It needs tremendous social treasure to pay those people.
Governments put in large funding for the one-child policy. Take a community in Guangzhou as an example, it took it 200,000 yuan per year for implementing the policy. There are 168 communities. You do the math.
Furthermore, one-child policy has produced demographic defects. The first downside is demographic reverse elimination. People with high quality are less and less, while those with low quality are more and more. Why is that? The policy in cities are much lenient than in rural areas. people in cities who can bear only one child are better than those in rural areas who can have more than one child. Another defect is aged tendency of population. One-child policy has led to the result that youths increasingly decreased and the aged increased. According to the fifth census in China.the proportion of population aged 0-14 decreased by 4.8%, while the proportion of population aged above 65 increased by 1.39%.The aged tendency of population caused the next
Population ages and eventually shrinks Japan's population began falling in 2004 and is now ageing faster than any other on the planet. More than 22% of Japanese are already 65 or older. A report compiled with the government’s co-operation two years ago warned that by 2060 the number of Japanese will have fallen from 127m to about 87m, of whom almost 40% will be 65 or older. The government is pointedly not denying newspaper reports that ran earlier this month, claiming that it is considering a…
and have children; which, ended in a huge spike in births in North America. The new aging baby boomers are hitting retirement age and will be using a huge percentage of our health care and hospital budgets. With the large amount of babies being born in a short span, that large amount of children have not been met since the Baby Boom meaning that there will be more people in retirement than in the work force. When all of the women started giving birth the hospitals were struggling to keep up with…
Word count: 3998 Content Table list: Figure list: Summary: In this report, it tries to introduce Prudential’s new service that retirement planning into China mainland. Firstly, author shows where the new product idea come from and how it be screened. After that, author introduces the new service concept development and what this service feature and benefits. There also uses some primary data to shows customer’s situation and uses secondary data to analysis Chinese market…
by 10%. What was the MBS’s projection about consumer debt to liquid assets as the US population started aging? Was it correct? At the end of the 80’s housing affordability problems and the low savings rates were projected to ease as the US population aged. In “Toward The Year 2000”, written in the late 1980’s, the Mortgage Bankers Association of America (MBA) expected that, “As the bulge in the US population grows older, it will shift from credit using non saving young people to credit supplying…
money, which is earn from working population, into state pension funds. In addition, based on Australian Bureau of Statistics (2014), the proportion of people aged 65 years and over increased from 11.8% to 14.7% and the proportion of people aged 85 years and over almost doubled from 1.0% of the total population in 1994 to 1.9% in 2014, while the proportion aged under 15 years decreased from 21.6% to 18.8%. Government will spend a lot of money for the elder population while they are getting less from…
system in China: an example of social insurance in emerging markets Introduction Being the emerging market representative with the largest population in the world, China’s social security system has become a heated topic for academia. With its fast growth, China has become the second largest economic body in the world. Moreover, burdened by its large population, the country has still fighting its way to ensure high living standard of its residents (Bottelier, 1999). This paper will discuss the social…
why the percentage of seniors filing bankruptcy is increasing. First, as every resident of Canada is aware, we are in a recession. A recession hurts everyone. It’s possible that in the current economic downturn more seniors have lost their jobs, or had their incomes reduced, leading to serious financial problems. Second, a growing number of Canadians in their 40′s, 50′s and 60′s are carrying mortgages and other debts into retirement. Twenty or thirty years ago Canadians typically retired with little…
Running Head: COMPENSATON AND BENEFITS Compensation and Benefits in the Twenty-first Century Abstract Team platinum will explore compensation and benefits in the 21st century. Any review of total compensation must include the crucial areas of health and retirement benefits and financial compensation, as well as discuss the implications of pivotal changes in the market and demographics which impact organizations and overall performance management issues. There are several different…
The Leeds Livery is not a secure investment being in a competitive industry and there are chances of loss in the first few years of operations due to the significant damage the business has gone through with Bilkmore's strategies. Following are the pros and cons of this alternative: Pros Cons The business has a potential of earning good profits There is not guarantee…
Week 1 Homework Problems Chapter 1 18) You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. You drive it 200 miles. What is the marginal cost of driving the car? A) A marginal cost is the additional cost to you over and above the costs you have already incurred. Hence here the marginal cost is $7.50 26) State whether the following are microeconomic or macroeconomic policy issues: a. Should U.S. interest rate be lowered to decrease the amount…
