The Economist: The best of all possible worlds?
It was once a rule of demography that people have fewer children as their countries get richer. That rule no longer holds true.
ONE of the paradoxes of human biology is that the rich world has fewer children than the poor world. In most species, improved circumstances are expected to increase reproductive effort, not reduce it, yet as economic development gets going, country after country has experienced what is known as the demographic transition: fertility (defined as the number of children borne by a woman over her lifetime) drops from around eight to near one and a half. That number is so small that even with the reduced child mortality which usually accompanies development it cannot possibly sustain the population.
This reproductive collapse is particularly worrying because it comes in combination with an increase in life expectancy which suggests that, by the middle of the century, not only will populations in the most developed countries have shrunk (unless they are propped up by historically huge levels of immigration) but also that the number of retired individuals supported by each person of working age will increase significantly. If Mikko Myrskyla of the University of Pennsylvania and his colleagues are correct, though, things might not be quite as bad as that. A study they have just published in Nature suggests that as development continues, the demographic transition goes into reverse. …
Related: Demographic Transition Model
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