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Wprld Population Forecast

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Submitted By sessionl
Words 576
Pages 3
SOC 201

Many countries around the world have an increasing concern about their economic growth and the different ways it is affected. As the essays by Jack A. Goldstone and Joel E. Cohen discuss the many different changes that world population will have in the next 50 or less years, some of these changes are astounding and quite frightening. Without any action these changes could have a toll on the safety and the continuing of todays developed countries. One of the changes in world population is the increasing aging population in the developed countries of the world. As talked about in Goldstone’s essay, the aging population in North America and Western Europe could lead to a decrease in economic growth. There are many reasons why an increasing aging population could cause a decrease in economic growth. As Goldstone shares in his essay, data from The Economist reveals that developed countries labor forces will substantially age and decline, slowing down economic growth in the developed world and raising demand for immigrant workers. In my opinion this makes complete sense there will be more people who require health care, retirement, and other financial help, and there will be less people in the labor force working to help pay for their elders retirement, just as an example. Another reason talked about in Goldstones essay is that the increase in the aging population decreases the amount of new consumers and new households, which is likely to decline the developed country’s productivity. The thought of a country’s economic growth declining is frightening, so many economist as a consequence have pondered of ways to prevent this forecast for the future. One way that a country could stop a decline in economic growth would be to encourage families to have more children (Goldstone). Governments of certain countries could do this by being generous when it comes to

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