Question

In: Economics

Referring to the concept of Demographic Dividend(s) and the mechanisms of delivery of Demographic Dividend(s), discuss...

Referring to the concept of Demographic Dividend(s) and the mechanisms of delivery of Demographic Dividend(s), discuss how demographic factors contributes to economic growth in China and India.

Solutions

Expert Solution

Demographic factors contribute to economic growth.

CASE 1: CHINA

  • Population: China is the most populous country in the world with around 1,371 million population in 2015.
  • Growth Rate of Population: The annual growth rate of the population is low i.e 0.5% in 2015. China adopted the one-child policy which resulted in the low annual growth rate of the population. This policy has resulted in better health facilities and reduced risk of death.  
  • The density of Population: The density of the population is 146 persons per sq km. It is low in the case of China as compared to India. (2015)
  • Sex-ratio: The sex-ratio is low in the case of China i.e 941 females per 1000 males. (2015)
  • Fertility Rate: It is defined as the number of children born by a woman in the reproductive age. In the case of China, the fertility rate is 1.5 births as per the year 2015.

CASE-2: INDIA

  • Population: India is the second most populated country with a population of 1,311 million people
  • The growth rate of Population: The growth rate of the population in case of India was 1.2 % in 2015.
  • The density of Population: In case of India it is 441 persons per sq km.
  • Sex-ratio: Sex ratio is low in case of India i.e 929 females per 1000 males.
  • Fertility Rate: In case of India, it is 2.3 births per woman.

The above-listed factors also contributed to the growth of GDP in China and India. In China, it was 7.9% in 2011-2015. In India, it was 6.7% in 2011-2015.


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