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[Biweekly Symposium] No. 546: Macroeconomics and Regional Economics from a Demographic Perspective
 
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Biweekly Symposium No. 546: Macroeconomics and Regional Economics from a Demographic Perspective

Lecturer: YI Fuxian

Host: SHENG Hong, Director of Unirule Institute of Economics

Commentators: MU Guangzong, LI Jianxin, ZHANG Zhanxin

从人口角度看宏观经济和区域经济

 

Professor YI Fuxian presented at this session the issue of population. He compared the fertility rate  of the US, Europe, South Korea, and Japan, and its correlation with economic growth. He concluded that the population and proportion of the elderlies are positively correlated to economic growth. He said that the centre of the economy of a country is constrained by its population. And the centre moves from areas of low fertility rate to that of high fertility rate. The international data supported this hypothesis, and China’s economic centre has moved westward over the years. Provinces such as Guangdong, Shandong, Shanghai, Jiangsu, and Zhejiang have all peaked and taken a downturn since 2006. Whereas, provinces such as Hunan, Hubei, Jiangxi, Anhui, Sichuan, and Chongqing has hit the bottom in 2006 and begun recovery ever since.





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