You reckon? What about the fact that they now have an aging population that they are struggling to turn around and that they are likely to get old before they get rich?
4 grandparents, two retiring parents supported by one child. Climbing numberr of retirees, lower numbers in workforce. Middle class has been created but now cost of living is precluding many couples from having a second child even though they are now allowed to have them.
The story of the One Child Policy is far from over.
Without the one child policy they would have simply had a larger demographic hump later. Yes they may have been richer but maybe not.
Thats assuming that the Chinese environment would have stood up to an extra 400million aspiring middle class consumers.
Japan also shows that being rich does not solve the social problems.
From a macro-economic perpective there's a lot to like about the one child policy. Want cheaper housing? Have less people. Lower unemployment and higher pay? Have less people. Less inequality? Have less people. Less war, lower crime, better health care etc etc etc.
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