The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging
China’s aging population has been more noticeable with fast demographic changes, which begs questions regarding labor supply, pension sustainability, and more general economic development. China’s population is aging quicker than in many other countries, yet it is at a level of insufficient economic...
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| Language: | English |
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EDP Sciences
2025-01-01
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| Series: | SHS Web of Conferences |
| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_03014.pdf |
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| author | Ping Haojin |
| author_facet | Ping Haojin |
| author_sort | Ping Haojin |
| collection | DOAJ |
| description | China’s aging population has been more noticeable with fast demographic changes, which begs questions regarding labor supply, pension sustainability, and more general economic development. China’s population is aging quicker than in many other countries, yet it is at a level of insufficient economic development; consequently, its issues are more serious and complicated than those of many other countries. In this respect, “delayed retirement” has been proposed as the major instrument to manage aging-related issues in the social as well as the financial sectors. Delaying retirement, one could contend, boosts the labor supply and helps to reduce the growing strain on pension systems. Conversely, delayed retirement and population aging can cause changes in labor market structure and issues of intergenerational justice. This paper studies the likely consequences of delayed retirement on China’s economic growth and looks for ways to achieve social equality with financial efficiency by combining empirical data with policy analysis. This article addresses the key issues and probably benefits of delayed retirement in order to provide insights into more flexible, diversified, and sustainable policy design in face of accelerated aging. |
| format | Article |
| id | doaj-art-e627e305feb84097a3508e9aa55df415 |
| institution | Kabale University |
| issn | 2261-2424 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | SHS Web of Conferences |
| spelling | doaj-art-e627e305feb84097a3508e9aa55df4152025-08-20T03:31:24ZengEDP SciencesSHS Web of Conferences2261-24242025-01-012180301410.1051/shsconf/202521803014shsconf_icdde2025_03014The Impact of Delayed Retirement on Economic Growth in the Background of Population AgingPing Haojin0Economic and Social Studies, University of ManchesterChina’s aging population has been more noticeable with fast demographic changes, which begs questions regarding labor supply, pension sustainability, and more general economic development. China’s population is aging quicker than in many other countries, yet it is at a level of insufficient economic development; consequently, its issues are more serious and complicated than those of many other countries. In this respect, “delayed retirement” has been proposed as the major instrument to manage aging-related issues in the social as well as the financial sectors. Delaying retirement, one could contend, boosts the labor supply and helps to reduce the growing strain on pension systems. Conversely, delayed retirement and population aging can cause changes in labor market structure and issues of intergenerational justice. This paper studies the likely consequences of delayed retirement on China’s economic growth and looks for ways to achieve social equality with financial efficiency by combining empirical data with policy analysis. This article addresses the key issues and probably benefits of delayed retirement in order to provide insights into more flexible, diversified, and sustainable policy design in face of accelerated aging.https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_03014.pdf |
| spellingShingle | Ping Haojin The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging SHS Web of Conferences |
| title | The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging |
| title_full | The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging |
| title_fullStr | The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging |
| title_full_unstemmed | The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging |
| title_short | The Impact of Delayed Retirement on Economic Growth in the Background of Population Aging |
| title_sort | impact of delayed retirement on economic growth in the background of population aging |
| url | https://www.shs-conferences.org/articles/shsconf/pdf/2025/09/shsconf_icdde2025_03014.pdf |
| work_keys_str_mv | AT pinghaojin theimpactofdelayedretirementoneconomicgrowthinthebackgroundofpopulationaging AT pinghaojin impactofdelayedretirementoneconomicgrowthinthebackgroundofpopulationaging |