From: Dave Zachariah (davez@KTH.SE)
Date: Fri Dec 28 2007 - 13:45:14 EST
on 2007-12-28 17:56 Paul Cockshott wrote: > > I agree here. The chinese labour reserves will last another 15 years > or so at most before the > declining working population caused by one child families overwhelms > the effect of rural-urban > migration. > > At that point the over-accumulation of capital we saw in Europe from > the 60s will become > apparent in china with the beneficial effects for labour that that > brings about. > Paul, what is your estimate of the labour reserves in India? The demographic structure would suggest that it will last longer than in China. //Dave Z
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