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"China's rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate and average propensity to consume of rural residents have surpassed those of their urban counterparts, with the former's consumption patterns becoming increasingly similar to the...
Persistent link: https://www.econbiz.de/10012104270
Persistent link: https://www.econbiz.de/10011732331
China's rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate and average propensity to consume of rural residents have surpassed those of their urban counterparts, with the former's consumption patterns becoming increasingly similar to the...
Persistent link: https://www.econbiz.de/10012992681
This paper examines the aspects of changes in China's consumer market since the mid-1980s. By comparing urban and rural residents' expenditures, I find that the rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate and average propensity to...
Persistent link: https://www.econbiz.de/10012946837
We describe the current state and recent trends in the landscape of social security programs in China, Mexico, and India. A common thread across these countries is the introduction and recent expansion of old-age pension programs with noncontributory components. We use surveys from the...
Persistent link: https://www.econbiz.de/10012871858
Persistent link: https://www.econbiz.de/10012132077
East Asia is undergoing a rapid demographic transition and "super" aging. As a result of steadily decreasing fertility and increasing life expectancy, older people's proportion of the population and the old-age dependency ratio is rising across all countries in East Asia, particularly in the...
Persistent link: https://www.econbiz.de/10015076365