How the Economic Effect the Population
Population growth and economy are factors that must be considered for planning reasons. The last century saw growth of human population that was majorly because of improved health and various scientific innovations. Currently, the world population stands at 7 billion people. This is a great number that sustainable and effective economic activity must be pursued to help meet the demand for food. Generally, it is agreed that with increased in good economic outlooks of different countries, the general population will rise. There are different countries that have proved this trend right especially countries within Asia such as China and India. With the increase in economic developments in these countries, their population also increased tenfold. This suggests that good economic prospects result in improved health care and quality of life improves. Additionally, with the improved health care system, people can afford treatment and generally control simple ailments that were critical in the past and could lead to fatalities.
This paper answers the questions of improved health care systems; that has resulted in population rise. Good economic developments also influence the living conditions of the people that reside in a given country. With new sources of stimulating the economy, the country generally creates job opportunities for its citizens. The availability of job opportunities encourage the growth since it allows the families to afford buying food that is generally becomes burdensome in case of lack of job. Availability of job opportunities also promotes the growth of the middle class. The growth of the middle class further helps to spur the economic prospects of the country.
It also highlights the benefits of economic growth in different countries. The increase in economic boom allows the government to invest in other areas of the economy that have the potential to increase their population. Some countries especially the African countries depend on the foreign loans and donations to facilitate the implementation of their projects. One notable project is the agricultural sector. Almost all the African countries are largely dependent on agriculture. However, agriculture sub sector in these countries still receive little funding due to lack of enough capital. With increased economic surplus, these countries can enormously invest in agriculture that will in turn result in the boom in the population. Moreover, this will further reduce over dependence on the foreign donations that also come with huge interest rates that strain the budget of developing countries.
Good economic out turns attract population growth due to demand rise. For example investment in infrastructure by the government especially the roads and housing also participates in the rise of child bearing since resources are available to cater for them. It is only countries with good economic resources can cater for the rise in population of their citizens. Additionally, most of the developing countries have offered some developed countries good economic out turn through exports. Good trade is generally facilitated through demand between countries. It is only high population that can increase the demand for some goods. The increase in the middle class in china and India for the last twenty years has enabled huge trading between these countries with several European power houses and the United States.
However, it is also a known principle that with the increase in population does not always mean the gross domestic product of the country will increase. The per capita of a country is determined by dividing the population of the country with its income. For countries with huge population but fewer resources, the per capita is usually low. Those countries also have low gross domestic product. Additionally, the high population of those countries put immense challenge on governments in the provision of basic resources since the country is generally poor. In cases where population is largely to put strain on the government expenditure, the governments adopt population control. China for example was experiencing high population rates back in the 1970s, the government decided to control the population through adoption of one child policy. That lead to good economic times in china making it the second largest economy of the world second only to the United States.
Economic development is realized through the surplus in the capital goods. High production of capital goods results in rise of the economy of the nation. This process is achieved through higher levels of investments that the country needs to make. This procedure also explains the difference between the sudden rise in the population with less mortality especially at the older age. Increase dependency lowers saving from family thus driving down capital goods. The major reason for argument stems majorly from the developing nations. Most of the developing countries in the Asia have low capital goods with high increase in population. This basically means that the country cannot compete with the increased population on investment due to the increase in number of people.
High population rates also result in poverty especially in developing countries. Poverty in this sense does not imply to the shortage of food alone but also the lack of basic things the citizens might need such as clothing. It is estimated that more than 18 million people are being added to our population every year. The current world population stands at around 7 billion. Continuous addition of more people is likely to create pressure on government in terms of feeding and clothing the citizen. Rise in population that is not regulated has been reported to increase pressure on the labour sector. When the governments have to deal with high workforce then large money will continuously be spent on recurrent expenditure thus limiting the ability of the government to invest in developmental projects. This process is tends to lead to vicious circle of poverty, basically it means that the poverty does not end as a result of continuous addition of people to the world without control. Moreover, this is the reason that still plagues the world where more than 300 million people still live below the poverty line.
Good economic growth in a country dictates that employment increases as the unemployment is reduced. There is no country that can achieve good economic boom when a large number of its citizens are unemployed. However, over the last thirty years, most countries at the world at large has seen unprecedented rise in unemployment rate. Currently, the number of unemployed people in the world runs to 400 million. That number is particularly bad for economic growth of the country. In such cases, much of the developmental projects are aimed at absorbing the people in the workforce.
Higher population have also been reported to lower economic growth through increased pressure on the land. As the population increases, more people demand space for construction and farming areas. Additionally, the basic resources that are needed to provide for the increased population also comes under pressure. In some developing countries for example, increase in population result in clearing of forests for farms and settlement purposes. Some forests act as rainfall catchment, hence the reduction in the number of the forest cover results in low rainfall. Low rainfall is bad indication for these countries that does not depend on irrigation. As a result, it leads to low production of food. Low food production further strains the development projects that can spur the country.
Low rainfall regimes also affect investments in energy sector that developing countries still large behind to achieve. Hydro electricity that comes from the potential power of the rivers is greatly reduced by the reduction in forest cover. This shows that most of the country will rely heavily on coal and crude oil for power production. The increase in imports that outweighs export further implicates on the economy of the country through trade deficit.. Additionally, the use of coal and crude petroleum have received criticism over the recent past on their contribution to global warming. With the global warming on sight, the prospect for economic boom is increasingly being limited hence, reducing the economic success of these countries greatly. Population growth is also tied to unproductive investments. Governments usually plan for the welfare of its citizens. Population increase simply means that the numbers of people are added to the country. Therefore, the country keeps on investing on the same infrastructure again and again. These infrastructures such as social buildings and park make no return on investments. The investments in these projects have shown no economic gain in long run. It is through the duplications that are caused by increase in population that make the government to invest in such projects.
Population increase can also be seen through the marketed surplus of the marketed grains. Countries that post good economic out turns have good reserves of marketed grains at their disposals. This basically means that they can feed their workforce without considering outward support of importation that might otherwise strain their developmental budget. However, with high population, the surplus available is hurriedly utilized by the hungry population. This prospect does not help the country to grow to achieve its economic goals as expected. Additionally, it results in poor standards of the workforce thus hindering their economic potential. The hungry poor are also continuously depend on the support of the government since they cannot gain economically due to increased over dependence.
My perspective in this paper is towards the level of economic achievements that most countries pursue without necessarily reflecting on the lives of the citizens. Despite economic boom in some countries that are listed by the World Bank as most improved in economic values and developments. There has been always a missing gap and link that has ensured that the capital gained at the national level trickles down to the people. Hence, I would encourage proper facilitation that will ensure that the citizens enjoy the benefits that their country earns. This is the only way through which true economic development will mean well for the people who need to enjoy the economic boom.
This topic offers a good prospect to review their demographic distributions for various economic planning. It would be good if they consider several other factors that have been outlined in the project. There are several cases, where some countries feel that reduced population is good for economic growth. In such cases, suitable birth control measures must be followed to help in control the population. Currently, there are countries that are engaged in such practices like India. However, some might see the need to increase the population for more economic growth. China for example, recently abandoned its policy on one child as a way to foster economic growth in the future. In doing so, care must be taken to balance the rate of population and economic developments. There is no doubt that good economic outlook are favourable for the living standards of the people. Most governments must therefore look for ways to increase investments to cater for the needs of the people always.
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