There are many negative consequences of China’s accelerated population decline. But while China’s demographic crisis looks like that of other neighboring countries, it is coming at a lower level of economic development, and the problems it poses are exacerbated by some of the unique characteristics of China’s political system.
Income Inequality
Many countries across Africa are experiencing an economic malaise. What began as a slump for commodity exporters in 2014 became a general slowdown with the shocks of the pandemic and the war in Ukraine. But like Africa’s last “lost decade” in the 1980s, a moment of crisis could be an opportunity to set a different economic course.
One hundred days into his term, Nigerian President Bola Tinubu—who won a disputed presidential contest in February—has mostly lived up to expectations, with few surprises. That might be because, amid a struggling economy and pervasive insecurity, not many Nigerians had high hopes for his presidency to begin with.