Australia vs China comparison Flashcards
(38 cards)
What are some of the similarities between Australia and China when it comes to quality of life
Both have a relatively high life expectancy, both are above the global average of 73 years
Both have similar rates of change in average life expectancy
Both have pretty good literacy rates
What is the average life expectancy in China and Australia?
China - 76 years
Australia - 83 years
What is the growth in average life expectancy in China and Australia?
China - growth of 5.5 years from 2000 to 2019
Australia - growth of 4 years from 2000 to 2019
What are the literacy rates of China and Australia?
China - 96%
Australia - 99%
Why are the average life expectancies of both countries quite high?
Both have a high life expectancy because of the medicinal and health care systems provided by both countries. For example Australia has the Medicare system whereas China has the New Rural Cooperative Medical Care System
What did China’s New Rural Cooperative Medical Care System (NRCMCS) do?
The NRCMCS which was established in 2002 allowed for those living in rural areas to have access to basic health care coverage, and it also allowed for 800 million of the Chinese population to have access to basic health care, the government pays maybe around 30-80% of the cost required depending on what the treatment is for. It also
What has the Chinese government done to promote healthcare in China?
In addition to thee NRCMCS scheme, they also introduced policies which increased the access to healthcare by rural areas, by getting family doctors living in rural areas to go to them instead of those who are injured in rural areas having to go to an urban city.
What has the Australian government done to promote healthcare in Australia?
Introduction of the Medicare system in 1984, as well as the fact that the government provides subsidies for those trying to seek healthcare - they spent 180 million in 2016 on healthcare
Why did China decide to up it’s educational reforms?
Because they realised that education is a driver in reducing human inequality
How much more do Australians pay for basic groceries ?
73%
How much more do Australians pay for housing?
3.3 times more
How much more expensive is childcare in Australia compared to China?
Nearly 2 times
What is the growth of HDI in Australia compared to China?
Australia only grew 0.17% compared to 0.95% by China
What is Australia’s HDI compared to China?
Australia - 0.944
China - 0.761 (2020)
What are the differences between Australia and China when it comes to quality of life?
Differences in cost of living
Differences in HDI
Differences in HDI growth
What is a reason why cost of living is so high in Australia compared to China?
Australians earn more than Chinese counterparts
Australia has had a long period of inflation of around 3.1% from 2000 - 2010 and 2.5% from 2010-2017, this is compared to China who has a 2.2% increase from 2000 - 2010 ad 2.5% from 2010-2017. However, China’s inflation has been accompanied with a wage growth of 9.5% in 2013-2018, whereas Australia only has a 2.2% wage growth, thus resulting in a decrease of purchasing power
What is a reason why Australia’s HDI growth has stagnated compared to China?
Australia can’t improve much more because they are already one of the best, they have a lack of foreign direct investment which allows for increased employment, and more tax and more government expenditure. This is compared to China who has a lot of FDI and who introduced their new healthcare system in 2002, and is thus able to grow a lot
What is a reason why Australia’s HDI is different compared to China’s HDI?
Australia has 36.8 physicians per 10000 whereas China has 19.8 - more pressure on the system for China
Australia has a 12.7 mean years of schooling compared to China’s 8.1 years, higher education means high human capital and growth in skilled labour
What are some similarities in the Distribution of Income of China and Australia?
Both countries utilise the progressive tax system to redistribute income. The progressive tax system taxes the highest bracket at 45%
Both have their own method of redistributing income - for Australia it is through social welfare payments such as the affordable housing schemes and Centrelink, this is compared to China’s Dibao system
What is China’s Dibao system?
The Dibao program is the largest social safety net program in the world, and it was introduced in China in 1990s to reduce urban poverty, and it was implemented again during the early 2000s to rural areas to prevent rural poverty and part of it is to introduce a minimum wage system
What is the gini coefficient of Australia and China?
Australia’s gini coefficient - 0.33
China’s gini coefficient - 0.47
What is the gini coefficient of Australia and China?
Australia’s gini coefficient - 0.33
China’s gini coefficient - 0.47
What is the change in gini coefficient of Australia and China?
China’s gini coefficient has gone up from 0.3 to 0.47 (1980-2020)
Australia’s gini coefficient has slightly increased from 0.3 to 0.33 (2001-2020)
What are the similarities between Australia and China, regarding employment and unemployment?
There is a big shift towards the service sector recently and a large amount of both GDP’s come from the service sector
Australia and China both have a similar unemployment rate in 2019
Both also have a similar increase in unemployment rates during covid
