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International Journal of
            Population Studies                                                Family planning and its economic outcomes



            because there are less workers available in the labor market   pension schemes, to address the challenges associated with
            and the structural rigidity associated with aging labor force   aging populations.
            (Kerr & Beaujot, 2016).                              The experience of population aging in China, in

              For decades, the Chinese government implemented a   contrast to that of developed countries, could be described
            series of policies designed to slow the growth of the world’s   as “getting old before getting rich” as China remains a
            most populous nation, including limiting urban couples to   developing country, and its aging population is likely
            one child. However, the long-term effects of these policies   unsustainable due to a lack of economic foundation
            have been the fastest population aging and the sharpest   (Myers  et al., 2020). When China joined the world’s
            population decline projected for the coming decades,   “aged population club” in 2015, its per capita GDP was
            setting the stage for potential demographic and economic   only $8,016.4 – significantly below the global average of
            crises, as well as threats to social harmony and stability   $15,094.4 at the time (World Bank, 2023). Moreover,
            (Myers  et al., 2020; Zhang, 2017; Nundy, 2016). While   social welfare coverage in China remains limited and
            population aging is a common demographic phenomenon,   basic. For instance, a recent study by the Organization
            the process in China is distinct, primarily resulting   for Economic Co-operation and Development (OECD)
            from family planning policies rather than economic   found that 10 – 15% of pension recipients still depend
            development (Buckley, 2013; Rajan, 1994; Yardley, 2008;   primarily on their children for old-age support, while this
            Myers et al., 2020). The pace of population aging in China   figure rises to over 50% for those without a pension (Lee,
            far exceeds that of other countries. For instance, it only   2013).  Furthermore,  despite  its  limited  coverage  (due  to
            takes China 30 years for the proportion of individuals aged   low economic development), the state’s pension liabilities
            65 and older to increase from 5.6% in 1990 to 13.5% in   were estimated at $2.7 trillion in 2010 and $2.9 trillion in
            2020, while it takes Canada 75 years for the similar increase   2013 (Lee, 2013:59). Without changes to pension policies,
            of senior group – from 5.6% in 1931 to 13.3% in 2006   liabilities are projected to reach $10.25 trillion by 2033,
            (Kerr & Beaujot, 2016). According to the United Nations,   or nearly 40% of China’s GDP if it grows at a rate of 6%
            China was classified as an “aging society” in 2015, when   annually (Lee, 2013:59). These figures underscore that
            the proportion of those aged 65 and older exceeded 10%   China is neither economically nor financially prepared to
            of the population (United Nations, 2022). This milestone   address the challenges of its aging population.
            occurred just 35  years after the implementation of the   Simultaneously, the social system is transitioning from
            “one-child” policy. Projections from the United  Nations   government-controlled socialism to a quasi-capitalist free-
            Population Division’s 2017 medium fertility scenario   market system, shifting old-age care responsibilities from
            indicate that the proportion of people aged 65 and older   the state to individuals and families (Howden & Zhou, 2015).
            will reach 26.3% of the total population by 2050, assuming   Conventionally, elderly individuals in China rely on family
            a moderate and gradual recovery in fertility rates (Cai   members for care. However, with fewer children due to the
            et al., 2018).
                                                               “one-child” policy, parents may receive less support from
              Another unique aspect of population aging in China is   their families (Peng, 2011). The policy created the so-called
            that it remains a developing country. China is becoming   “4-2-1” family structure, where a couple must care for four
            the  first major  nation in  history to grow old before   parents and a child of their own after marriage (Zhan,
            achieving moderate wealth (Lee, 2013; Buckley, 2013). The   2013; Basten & Jiang, 2015). This structure has significant
            demographic transition in most countries occurs alongside   consequences. First, parents of an only child born under
            robust economic development, where declining fertility   the “one-child” policy will have at most one surviving child
            and mortality rates reflect improved living standards.   to support them in old age (a certain number of parents
            Developed countries in Western Europe and North America   lost their only child because of various reasons, resulting
            experienced long “wealth durations” followed by extended   so-called “families losing their only child”). If that child is
            “aging durations” – a process often described as “getting   a daughter adhering to traditional cultural norms, she may
            old after getting rich” (GOAR) (Johnston et al., 2016; Song   prioritize her husband’s parents over her own (Wolf Jr. et al.,
            et al., 2016; Zhan, 2013). In these nations, population aging   2011).  Second,  when the  one-child generation becomes
            primarily results from economic growth, as highlighted by   adult  caregivers, they  may  simultaneously  support four
            the slogan from the Third World Population Conference   elderly parents and one or two children. This burden forces
            in 1974: “Development is the best contraceptive.” These   the one-child generation to work harder to provide both
            countries also possess necessary – if not always sufficient   financial support and physical care for their aging parents
            – economic foundations, including comprehensive social   (Zhan, 2013). While women in these households face fewer
            welfare systems, free healthcare, social security, and robust   childcare responsibilities due  to declining fertility, their


            Volume 11 Issue 3 (2025)                       146                        https://doi.org/10.36922/ijps.6859
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