Yuan for the money: China stimulates its economy
Economist Podcasts
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Stimulus Disguised as Growth
Expanding the welfare state prematurely may lead to laziness and dependency, raising concerns about its timing in China's development. A potential strategy involves offering financial incentives to families with two or more children, effectively providing one payment for each additional child. This approach could serve dual purposes: stimulating the economy and addressing declining birth rates. The innovative framing of such economic measures could strategically align national objectives with economic support.
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