GEOG 142 Final: Geog 142 Article: Fertility decline and the demographic dividend (The Economist 2012)
Document Summary
Article: fertility decline and the demographic dividend (the economist 2012) http://www. economist. com/node/21560031. When ppl respond to lower mortality rates by having smaller families, econ change usually for the better. Fertility rate falls # of working-age adults creeps up relative to the rest of the pop. , laying the foundation for the demographic dividend. With fewer children, parents invest more in each child"s edu, increasing skills and human capital. People tend to save more for retirement, so more is avail for investment. Women move into paid employment, boosting the size of the overall workforce. All of this is good for econ growth and income. A study estimated that a decrease in nigeria"s fertility rate by 1 child per woman boost. Gdp per head by 13% over 20 years, w/ almost all the gains coming from the. Dependency effect of there being fewer children to look after. No, according to a new study by bloom et al.
