The slowing of world population growth will be bad for the economy. Part 2



The rest of the world has followed Japan. In particular, Italy, with its limping economy and its aging Silvio Berlusconi. Thanks to an extremely low birth rate (even the prime minister was born before World War II), the country is firmly in second place in the world in terms of the aging population.
The whirlwind of economic growth in Asia has blown out the flame of fertility and will lead to an aging population in this region in the future. For example, China today, still young and vibrant, but tomorrow, thanks to its one-child policy, will be old and undynamic ten years from now.
The Middle East is at the beginning of the demographic road. Along with falling birthrates, young people still dominate society in many countries. Governments have failed to harness this demographic potential for economic growth and, perhaps because of this, young people have turned to Muslim radicalism, giving rise to the Arab Spring. People are in the streets in Egypt, Tunisia, Syria, demanding democratic reforms, and even an angry mob, with NATO support, defeated the Libyan army. A year ago, they were walking peacefully with their children. Whether their demands are economic or political, young people are the main force for change in any society. But as society ages, dynamism dies. Aging is a new way of looking at the world. On average, in the world today, a woman has half as many children as she had 40 years ago, and this number is constantly decreasing (2.5 children compared to 5). Dozens of countries have already gone below two, including Iran, Burma, Vietnam, China and much of southern India. Most analysts believe that the world's population will grow until mid-century and then begin to decline. Whether it happens mid-century or later, global aging is already underway.


According to the foreign press for
   ForTrader.org

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