| I don't see why its a big surprise that the BRIC countries will be poorer than the G6. The per capita GDP of the G6 is streets ahead of those developing countries. Will China overtake Japan and the US in terms of GDP - most likely, but with their massive populations this won't automatically mean a leap in individual wealth - that will take many decades to grow. Will the one child policy have an impact on the economy? - only if it remains in place indefinately, but looking at how the Chinese government has engineered their economy, social and democratic emergence of the past 20 years, I really don't believe they would be foolish enough to keep in place some a long term damaging policy. |
One Child Policy in China