Fertility Rate under the Dual Pressure of Raising Children and the Elderly

At present, China is in a new normal of population development characterized by low birth rates and a highly aging population, and the trend is increasingly deepening. In this context, this article first classifies the reasons for the low fertility rate through theory and then analyzes the pressure of raising children and taking care of the elderly from the perspective of people during the fertility window period. Through data and analysis, it has been found that the economic pressure on contemporary young people is particularly concentrated on the education expenditure for children and the dependency ratio for the elderly. Finally, this article proposes some practical solutions, attempting to develop the role of the elderly labor force in intergenerational education through economic policies and social support. These plans can simultaneously utilize the two demographic characteristics of China's low fertility rate and high aging population, and accelerate the improvement of the fertility support system by helping young people obtain intergenerational care.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-12-26
DOI
https://doi.org/10.54254/2754-1169/2024.ga18555
Primary Topic
Intergenerational Family Dynamics and Caregiving
Type
article
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article

Fertility Rate under the Dual Pressure of Raising Children and the Elderly

Ming‐Yen Lin
Advances in Economics Management and Political Sciences
Intergenerational Family Dynamics and Caregiving
article

Fertility Rate under the Dual Pressure of Raising Children and the Elderly

Ming‐Yen Lin
article en

Abstract

At present, China is in a new normal of population development characterized by low birth rates and a highly aging population, and the trend is increasingly deepening. In this context, this article first classifies the reasons for the low fertility rate through theory and then analyzes the pressure of raising children and taking care of the elderly from the perspective of people during the fertility window period. Through data and analysis, it has been found that the economic pressure on contemporary young people is particularly concentrated on the education expenditure for children and the dependency ratio for the elderly. Finally, this article proposes some practical solutions, attempting to develop the role of the elderly labor force in intergenerational education through economic policies and social support. These plans can simultaneously utilize the two demographic characteristics of China's low fertility rate and high aging population, and accelerate the improvement of the fertility support system by helping young people obtain intergenerational care.

Advances in Economics Management and Political SciencesVol. 140(1)
Beijing Normal-Hong Kong Baptist University (CN), Hong Kong Baptist University (HK), Beijing Normal University (CN)
Decent work and economic growth
Openalex Percentile: Top 61%
Intergenerational Family Dynamics and Caregiving
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