India looks set to end a tumultuous year on a celebratory note, marking both 75 years of independence and the start of its G20 presidency. But another milestone is looming. United Nations experts estimate that on April 14, 2023, India will officially overtake China and become the world’s most populous country. That is not necessarily … Read more
As the world marks the birth of its eight billionth inhabitant this week – three times the total in 1950 – the paradox is that many governments are worrying about too few citizens, not too many. About 60% of the global population live in places where fertility rates have dropped below the replacement level of … Read more
Currently, lenders typically only collect demographic data, such as the race or ethnicity of an applicant, with home mortgage loan applications—in large part because federal law currently places significant restrictions on the collection of such data in other circumstances. The NYDFS Rule, together with a similar federal rule which the Consumer Financial Protection Bureau (CFPB) … Read more
China’s president Xi Jinping is poised to secure an unprecedented third term as leader at a congress of his Communist party this month, but behind the political theatre a broader shift is playing out. Demographers predict the world’s most populous country will start to shrink in 2022, a turning point with profound ramifications for the … Read more
he world experienced nearly 7.5 million annual additional deaths associated with Covid-19 pandemic on average in 2020 and 2021, meaning they weren’t expected to happen if not for the pandemic. Some of the deaths occurred indirectly because of the pandemic, e.g. through delays or lack of treatments and care. The Covid-19 pandemic has by now … Read more
Young people in China are increasingly choosing to stay single, intensifying government fears that the nation could soon face a severe demographic crisis. China’s new marriages last year plummeted to an all-time low, according to recent data from the country’s Ministry of Civil Affairs. In 2021, China registered 7.6 million new marriages—a 6.1% decline from … Read more