Tuesday, September 18, 2007

A Lot Fewer Fish To Swim Among

In yesterday's Wall Street Journal, Nicholas Eberstadt looked at the coming consequences of China's One-Child Mistake (sub req):

This "success," however, comes with immense inadvertent costs and unintended consequences. Thanks to a decade and a half of sub-replacement fertility, China's working-age population is poised to peak in size, and then start to decline, more or less indefinitely, within less than a decade. A generation from now, China's potential labor force (ages 15-64) will be no larger than it is today, perhaps smaller. This presages a radical change in China's growth environment from the generation just completed, during which time (1980-2005) the country's working-age population expanded by over 55%.

"Composition effects" only make the picture worse. Until now, young people have been the life force raising the overall level of education and technical attainment in China's work force. But between 2005 and 2030, China's 15-24 age group is slated to slump in absolute size, with a projected decline of over 20% in store. In fact, the only part of the working-age population that stands to increase in size between now and 2030 is the over-50 cohort. Will they bring the dynamism we have come to expect from China in recent decades?

On current trajectories, China's total population will start to decline around 2030. Even so, China must expect a "population explosion" between then and now -- one entirely comprised of senior citizens. Between 2005 and 2030, China's 65-plus age cohort will likely more than double in size, to 235 million or more, from about 100 million now. And because of the fall-off in young people, China's age profile will "gray" in the decades ahead at a pace almost never before witnessed in human history. China is still a fairly youthful society today -- but by 2030, by such metrics as median population age, the country will be "grayer" than the United States -- "grayer," that is, than the U.S. of 2030, not the U.S. of today.


It's difficult to see how the 21st is going to be "China's Century" if these population trends hold true. Another aspect of the one-child policy that I've noticed on my visits to Shanghai is the disproportionate number of young boys you see when walking about:

One final consequence of China's population-control program requires comment: the eerie, unnatural and increasingly extreme imbalance between baby boys and baby girls. Under normal circumstances, about 103 to 105 baby boys are born for every 100 baby girls. Shortly after the advent of the one-child policy, however, China began reporting biologically impossible disparities between boys and girls -- and the imbalance has only continued to rise. Today China reports 123 baby boys for every 100 girls.

Over the coming generation, those same little boys and girls will grow up to be prospective brides and grooms. One need not be a demographer to see from these numbers the massive imbalance in the "marriage market" in a generation, or less. How will China cope with the sudden and very rapid emergence of tens of millions of essentially unmarriageable young men?


To paraphrase Mark Steyn, "There haven't been a lot of gay superpowers in world history."

No comments:

Post a Comment