Population Growth. AAEC 3204. George Norton Agricultural and Applied Economics Virginia Tech. Objectives. Discuss nature of population growth in the world Consider determinants and consequences of rapid population growth and urbanization. Population issues to be discussed.
George Norton Agricultural and Applied Economics
Past and projected
1800 1850 1900 1950 2000 2050 2100 2150
Is the growth rate likely to remain at 1.2 percent? Why or why not?
70/1.2 = 58 years
Maybe in 2150 at 10.5-11.5 billion;
By 2050, expect about 9 billion
Recent rapid growth
means young population
with many in child
3) Consequences of rapid population growth
Difficult to educate
Economies of scale
Intellectual base for ideas and innovations
Effect on demand for technologiesWhat are the consequences of rapid population growth?
1980’s and 90’s– population growth in LDC’s averaged 2.1%
But, urban population growth averaged 3.5% (in many countries, 6 to 8%)
Age of migrants?
Education of migrants?
Marital status of migrants?
Why is the informal sector both good and bad for developing countries?