Chinaâs dilemma: Growing old before it becomes rich and powerful
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April 10, 2021 â 5.00am
April 10, 2021 â 5.00am
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For all countries, a lot depends on the dependency ratio. That is, the number of people aged under 14 and over 65, compared with the rest of the population.
In Australia, that figure is hovering close to 55 per cent, meaning there are more young and old people who are less likely to be working than there are those who are employed and paying taxes that fund healthcare, pensions, nursing homes and education.