Population Decline
Posted in Demographics on July 29th, 2007 by sam – Be the first to commentFor thousands of years, the number of people in the world inched up. Then there was a sudden spurt during the industrial revolution which produced, between 1900 and 2000, a near-quadrupling of the world’s population.
Numbers are still growing; but recently the rate of population increase began to slow. In more and more countries, women started having fewer children than the number required to keep populations stable. Four out of nine people already live in countries in which the fertility rate has dipped below the replacement rate. Last year the UN said it thought the world’s average fertility would fall below replacement by 2025. Demographers expect the global population to peak at around 10 billion (it is now 6.5 billion) by mid-century.
There doesn’t seem to be much danger of a Malthusian catastrophe. Mankind appropriates about a quarter of what is known as the net primary production of the Earth (this is the plant tissue created by photosynthesis) — a lot, but hardly near the point of exhaustion. The price of raw materials reflects their scarcity and, despite recent rises, commodity prices have fallen sharply in real terms during the past century. By that measure, raw materials have become more abundant, not scarcer.
Population has already begun to decline in 3 areas of the world — central and eastern Europe, from Germany to Russia; the northern Mediterranean; and parts of East Asia, including Japan and South Korea.
State pensions systems face difficulties now, when there are 4 people of working age to each retired person. By 2030, Japan and Italy will have only 2 per retiree; by 2050, the ratio will be 3 to 2.
“How to deal with a falling population,” The Economist





