In your view, what are the likely political and socio-economic impacts of the demographic changes we see in the world today?
Some countries are experiencing a population boom where the population is almost doubling. In
It is sad to see such tragedies occurring due to the preference for boys. Additionally, because of such early marriages, most young girls are forced to drop out of schools. This led to a decrease in literacy rate and lowering of women status because their entire life revolves around managing the household and reproducing children. Furthermore, countries with a population boom are experiencing a lower living standard due to high cost of living incurred by the large family. This had led many to contract the deadly HIV aids virus. In places like
In the other extreme, countries like
With the improvement in the field of science, disabilities of elderly are reduced and they are able to have a longer life expectancy. The trend of aging will eventually lead to a decrease in the number of young people entering the workforce and to support the elderly. With a lower population size, the number of consumers will inevitably be reduced. An aging society will also lead to an increase in pension spending but it can be mitigated by rising the retirement age. Older folks also have more political influence as the older people will hold more votes than the young since the young can be forbidden to vote under a certain age limit. On the contrary, the advantage of a shrinking population is that the money spent on developing more childcare facilities can be channelled to the creation of more jobs and for other economics purposes.
With reference to the video “world in the balance”
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