Since 2017 various economists, as well as 50 Nobel Prize winners began to warn about the economic and ecological impact that it represents for the planet have a population estimated at 8,000 million. The experts indicated that this amount of population should stop its growth to combat the current climate crisis and its economic impact.
Despite the projections of the Nobel Prize winners, the world trend indicates that population decline is in process. According to ‘Business Insider’ within a few 40 years, the world population will begin to decline, a situation that on paper is positive for the ecology, but not entirely for the economies.
According to the report, the progress of this trend is explained by the increase in life expectancy and the decrease in birth rates. “As a result, the number of children born in the United States, China and Europe is no longer sufficient to maintain the stability of these populations,” reported the ‘Business Insider’ study.
By the above, it is argued that the economic and demographic forces that will lead to a decrease in the world population to end of the 21st century have long been operating in major economies. According to the report, every year the birth rates of the most prosperous countries fall below the replacement level.
The report indicated that the decrease in the population will have an impact on the economic and social systems represented a huge challenge. In this sense, the analysis maintains that economic growth has historically had a close relationship with the number of people, therefore, the lower the population, the lower the productive activities.
Under this perspective, the research left in Of course, there is currently a great shortage of labor, particularly in the United States, in service sectors such as airlines, even in places such as daycare centers and the military. “In the coming years, many more sectors and professional fields will be affected,” the report said.
The trend that we are experiencing will put many companies in trouble, since due to the lack of personnel they will produce less, so as the population goes down, the amount of money spent in companies will be reduced. “Less consumption leads to less sales and less sales to less benefits and, therefore, to less economic growth.”
Not only will the number of workers decrease, but also the amount that each one of them these workers can produce. Global productivity per capita, the formal measure of how much a worker can produce in an hour and the most important indicator of progress, has recently stagnated.
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