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by dirtyid
1143 days ago
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Growth =/= divident. Demographics is more than just pyramid, have to consider workforce / productive composition and actual ability to realize potential, especially when comparing polities with order(s) of magnitude difference in population and human capita catchup/potential. > Not China Hence especially China. Scale of PRC moving workforce from currently 25% skilled to 70-85% over (developed economy level) next few generation even with net population decline is roughly creating 3-5 new Japans, or another 1-1.5 US worth of high productive divident. Within a few generations, through system largely with good track record ability to move up skill/value chain. Most other developing countries have been spinning wheels for too long to take face value postive prognosis seriously. But PRC doing so at PRC scale is special case, no other country is structurally able to replicate this feat, because they lack scale (US even with immigration), or coordination (India on other in same pop class but systemically incapable and not trending towards being so). |
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I mean China regarding pop growth. China will be fine because like you said, highly skilled workforce and fully developed modern infrastructure. And I think AI and robotic automation will fill the void of population decline.
Mainly I'm alluding to the up and coming places that aren't developed. With all the negativity out there now, I see tons of potential - but it's outside of the western world (in particular, outside of Western Europe).