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DEMOGRAPHIC CRISIS (2) answer(s).
 
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ID:   162237


Labour and Capital Under a Neoliberal Economic Model: Economic Growth and Demographic Crisis in Lithuania / Lazutka, Romas   Journal Article
Lazutka, Romas Journal Article
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Summary/Abstract This study investigates the split of national income between labour and capital in Lithuania and its distributional implications. It shows that the neoliberal economic development model embraced by Lithuania since regaining independence in 1991 produced significant economic growth. However, this growth was based on suppressing wages, keeping taxes on capital low and exporting cheap labour to the core EU countries. This resulted in high inequalities in income and wealth that have contributed to a deep socio-demographic crisis in the country. It is argued that in order to make Lithuanian capitalism socially sustainable, the neoliberal model of development needs to be reconsidered and modified.
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2
ID:   139059


Shrinking China: a demographic crisis / Chang , Gordon G   Article
Chang , Gordon G Article
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Summary/Abstract What is the real fulcrum of China’s strength?” a popular Chinese website asked in 2009. There was a one-word answer: “Population!” Citizens of the world’s most populous state take pride in their great numbers, and the country is, not surprisingly, filled with population determinists. “More people means more power,” wrote a poster named “Fang Feng” on the “Strong Country Forum” of the Communist Party’s People’s Daily. “This is the truth.
Key Words China  ;  Demographic Crisis 
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