SOC312H1 Lecture Notes - Lecture 7: Population Momentum, Poverty Trap, Dependency Ratio
Document Summary
Increasingly more likely to make more incomes, but still women are not considered as financially reliable than men: introduction of one-child policy in 1979, there is a huge concern among demographers of poverty trap. Once you changed the mechanics of marriage market, it creates more problems : people living longer, women tend to live longer than men. Changing age composition may have positive or negative consequences depending on preparation policy: all countries go through demographic change in the end, fertility starts to decline, there is a huge population growth. Smaller cohort means less competition, more economic opportunities. How do society adjust for changing age structure: in europe, the crossing over has already happened youth population is being smaller than old aged population. Health care, education : one of the possibility says that people working longer. Government extended the age when you can receive pension to 67.
