Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Pages: 1 ... 15 16 17 18 19 ... 29
Send Topic Print
The Population Debate (Read 181961 times)
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #240 - Apr 1st, 2011 at 12:09am
 
It_is_the_Darkness wrote on Mar 31st, 2011 at 11:46pm:
Apparently the (Dick) Smith Family advises Australians to only have x2 children so as not to 'over-populate' Australia and loose our 'quality of living' standard.
This is true in a way.
John Howard made sure all the women in Australia were working rather than laying down with their feet up in the air for his unemployment statistic and wealth gained.
Kevin Rudd proved how wealthy we were in comparison to other nations during the economic crises, only because we had a small population of children to waste money on.

We are consistenly in the Top 5 of the Highest Suicide Rate in the World. - if not 'the' top.

I didn't know that Australia would be 'over-populated at 35 million Mr Dick Smith. Maybe you should curb immigration or is that like saying no to chinese people who look like you Mr Smith?

Fact is: Australia will recieve a self-sustaining population growth and an increase of 200 million. This is because Australia's Minimalistic approach to population, will be projected upon the rest of the world as the answer to the overall global problem of over-population.
Look at it this way. x1 region of the world becomes heavily increased in population while x7 other regions 'decrease'.
Australia is the 'key' to the over-population situation.

PS: You're comic strip of the Reindeer is spot on, though many species under the same situation are able to 'survive' such a drastic crash. Even the Pitcairn Islanders had a bit of a cull happen.
Most species that suffer such crashes do recouperate, but for some inherant reason, they never over-populate beyond a 1/4 quarter of their former size in number.

China will go SuperNova - collapse under the weight of such a huge population trying to live up to the modern standard as imposed by ...Australia, specifically. Wink
India will also suffer a major population decrease - more from Nuke war than anything.


Well, the author of this article suggests that the Global Population is going to struggle to reach 8 Billion and for various reasons I agree!

The Population is already slowing, without the need for the whole world to go to the Chinese solution and at some point over the next 20-30 years, the Global & Australian Population will start to decline, because of "natural causes".

The final outcome is an unknown, but I suspect that, failing a replacement for Oil being found or released shortly, the Global Population may shrink back to around 2-4 Billion, over the next century or so.
Back to top
 
 
IP Logged
 
Grey
Gold Member
*****
Offline


Australian Politics

Posts: 5341
Gender: male
Re: The Population Debate
Reply #241 - Apr 1st, 2011 at 8:02am
 
Quote:
Soren - Precisely.
We cannot know what that limit might be. Malthus was wrong. Ehrlich was wrong. The Chinese one child policy was wrong. Bob Brown is always wrong. And so is Peter Singer.
Have another kid.


It's a question of balance. Do we judge that there's two many people when it's standing room only eating soylent green, when every other life form on the planet is extinct, when every other life form is in rapid decline? Is there a difference between being human and being a plague locust? Surely we must set some kind of parametres?

Why is China's one child policy a failure? Personally i think it's been a great success although some aspects are unpleasant. I think we should be grateful to the Chinese for shouldering some responsibility.

Back to top
 

"It is in the shelter of each other that the people live" - Irish Proverb
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #242 - Apr 13th, 2011 at 5:25pm
 
Economically, It's Not Too Late to Learn From Japan


Richard Koo spoke over the weekend at the INET conference and once again reminded us all that he understands the current environment better than just about anyone in the world. Koo believes the EMU and UK are making a great mistake by forcing austerity during a balance sheet recession. And while he believes the US is doing better than its European counterparts, he is increasingly concerned about the rhetoric coming out of Washington.

In 2008, when the United States was discussing a stimulative response to the current crisis, I said the authorities were misdiagnosing the problem. What looked like a banking crisis (or a credit crisis, as the media referred to it) was in fact a household crisis. It seemed obvious to anyone paying attention that the problem didn’t start with the banks: It started with the households who were overly indebted and upside down on their mortgages. Once the mortgage payments ceased en masse, the problem spread. The banks weren’t the root cause. But you didn’t hear anyone calling for a bailout of Main Street at the time. All we heard about was how we needed to fix the banks. And so Ben Bernanke began his great monetarist gaffe.

In the '90s the Japanese made a similar mistake. They focused on saving their banking system with the misguided belief that if they saved the banks, the rest of the economy would take care of itself.



Link -
http://seekingalpha.com/article/262891-economically-it-s-not-too-late-to-learn-f...
=====================

Comments to follow!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #243 - Apr 13th, 2011 at 5:35pm
 
There are some lessons to be learned from the Japanese experience of the last 2 decades, some of which should be used, whilst others should not.

That said, a few observations are needed -
First, the true origin of the collapses in Japan from 1990 and the USA & the rest of the world from 2007, was not Private or Government Debt, nor was it the collapse of the Banks & the financial sector.

Whilst these were all part of the mix and part of the problem, they were essentially symptoms of the underlying cause and that cause is Demographics! As we know some 70% of the Economy, comes from the Consuming Public and the Economic changes arising from the changing Demographic mix is massive.

Following is a link to Japanese Population pyramids for 1950, 2007 & a projection for 2050. As can be seen, the 2050 projection will nearly be an inverted replica of 1950, with
1950 showing -
35.4% 0-14 years  
59.6% 15-65 years
4.9%   65 years +

whereas the 2050 projection shows -
8.6% 0-14 years  
51.8% 15-65 years
39.6%   65 years +

as at 2007, the transition was well under way, at -
13.5% 0-14 years  
65.0% 15-65 years
21.5%   65 years +

...

That's all well and good, I hear you saying, but we know about the Baby Boomers & the Aging population.

Yes, but did you know that -
1)      The USA TFR (Total Fertility Rate) Peaked in 1956 and continued at high rates until the US “official Boomer era” ended in 1964.
The World TFR however, continued at high rates until around 1970 (per following chart), but only started to decline substantially, after the introduction of China's one child policy, in 1979.
...  

However, in Japan, Peak TFR came in 1947 at 4.5 children per woman and it then dropped swiftly to 2.0, in 1957, a level not seen in the USA until several decades later and still not seen on a Global basis.

So, I have explained all that, to highlight the following –
1)      The cause of Japans Economic problem, is the Aging of their Population, which is reflected in many areas across the Economy, but Primarily it is reducing the Demand driven segment of their Economy and it is also reducing the Personal Tax Base because the % of worker numbers to the total population is shrinking, whilst it must increase the tax burden on remaining workers & the Private sector, IF Japan is to prevent itself from becoming a Bankrupt nation, as its Debt goes into the stratosphere.

2)      Whilst there are some aspects common to the Japanese lost decades and where the USA & the rest of the world now reside, there are also some substantial differences, which are –
a) The rest of the world effectively propped up the Japanese Economy, to some extent, until 2005, as they (the ROW) continued with their Peak Baby Boomer Earning & Spending years.
After that, the same Demographic disease started to eat in Housing values in the USA & Europe, which in turn caused rising Personal Asset to Debt ratio’s, Banking problems & finally National Debt problems in Europe & the USA.

b) Commencing soon after the start of this century, there started an upward Energy Cost to GDP spiral, which continues now and it is set to increase its influence, over the next several decades.
In fact, Production of the major Global Energy source, being Oil, appears to have effectively Peaked in 2005 and that brought Demand Vs Supply into a clear focus, with the Oil Price spiking thru the roof, to reach US$147 a barrel in 2008. The Global Economy then “tanked” and the Oil Price retraced to $30 a barrel, before starting to surge again on the suggestion that the Global Economy would recover quickly and that therefore Demand would again exceed Supply.
We are now caught in “never-never-land”, where the Global Economy can never recover back to the “old business as usual” regime, because the Global Supply of Energy will never be able to match Demand, except for a limited amount of time and at greatly increased Energy Cost to GDP ratio’s!

c) No matter what may be thought of the arguments surrounding Climate Change and how much input man has into it &/or the capacity to resolve it, there is never-the-less one absolute historical & scientific fact and that is the Climate IS Changing.
Arising from that, as this century rolls on, there are some conclusions, which may be arguable on the peripherals, but it is certain that we are rising toward the top of this particular warming cycle and some consequences will be –
1)      Rising average Temperatures
2)      Some places will be Hotter & Wetter
3)      Some places will be Hotter & Drier
4)      Ocean Levels will rise
5)      Dramatic Weather events may be more severe  

Arising from the above, Agricultural & Food production will come under increasing stress, making more & more difficult to provide for the still growing Global Population.
Agricultural & Food production, will also come under increasing stress from a reduction in availability and an increasing cost of, ENERGY, which is set to decline in Crude Oil, but also many other sources, as this century rolls on.

So, whilst Japan had the benefit of being one of the few poor performing Economies, at a time when the rest of  the Global Economy was Booming, the rest of the world is now descending into a long Economic Decline from a number of sources and it is difficult to see any likely saviour on the horizon!

Good luck & watch the Debt!
Back to top
« Last Edit: Apr 13th, 2011 at 8:44pm by perceptions_now »  
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #244 - Apr 13th, 2011 at 8:43pm
 
Btw, unlike most other countries, Japan doesn't have a problem where Unemployment is too high, its problem is more that unemployment is too low, relatively speaking!
http://www.tradingeconomics.com/Economics/Unemployment-rate.aspx?Symbol=JPY

As can be seen, in the chart at the following site, Japan typically enjoyed Unemployment in the 1-3% range after WW2, thru until the start of their 1990 Recession, after which Unemployment rose to around 5.5% and it has ranged since then, between 4.0-5.5%!

By most Western countries/politicians experience, these are Unemployment rates to die for, but now with the Japanese Population Aging rapidly, they will struggle to find the worker numbers needed for their re-contruction projects, particularly as they do not favour immigration, as do most Western Economies.

In short, the Japanese will have too few available workers, not too many Unemployed!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #245 - Apr 14th, 2011 at 9:31pm
 
OECD Fetility Rates 2009 & Variation 1984-2009


...

A few observations -
1) Much of the OECD is already below the replacement level Fertility rate, which is 2.1 children per woman.

2) There have been some substantial moves toward lower Fertility rates since 1984 and quite a few have had greater reductions, than that of the well publicised China, via their one child policy.
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #246 - Apr 14th, 2011 at 9:57pm
 
Fight poverty, not population, Vatican envoy urges UN


The Vatican’s permanent observer at the UN has told a session on population and development that the “increasingly discredited concept of population control must be discarded.”

Rather than assuming that poor people themselves are a problem, Archbishop Francis Chullikatt told the UN, government leaders should focus on “providing the promised development assistance to the approximately 920 million people living on less than $1.25 a day.”

The archbishop attacked the “distorted world-view” that suggests poverty is caused by the growth of population, rather than by the shortage of resources.

He pointed out that in many countries today, the shortage of population is causing serious economic programs.

In countries where population growth has fallen below replacement level, he observed, it is difficult to “sustain economic development and provide the resources necessary to support those aging populations.”

Link -
http://www.catholicculture.org/news/headlines/index.cfm?storyid=9976
=========================
I have some good news for the Archbishop and I have some bad news for the Archbishop!

The goods news is, he is correct and there is a shortage of Resources.

The bad news is
, that the Resources shortage is set to get worse, with Energy Availability per capita falling & Food & Water in decline, whilst the Global Population continues to increase.


As for, the shortage of population causing serious economic problems, because it is difficult to “sustain economic development and provide the resources necessary to support those aging populations”, he is again correct, the shortage is causing problems.

However, a sustainable Economy can not be brought about by increasing that which is causing the problem.

Just as increasing Debt, does not solve a Debt crisis, so to an increase in Population, when Resources are set to decline, will not solve that problem either!  


Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #247 - Apr 28th, 2011 at 10:23pm
 
China census shows population aging rapidly


BEIJING (AP) — China's population is aging rapidly, the government said Thursday, though its leaders are refusing to relax strict family planning controls that are part of the cause.

The results of a national census conducted late last year show the proportion of elderly people in the country of 1.34 billion jumped, while that of young people plunged sharply.

China's rapid aging has fueled worries over how long the country will be able to sustain its high economic growth, as fewer young people are available to work in factories and build the roads that transformed it into the world's second biggest economy after the United States.

The census results show that people aged 60 and above comprise 13.3 percent of the population, up nearly 3 percentage points from 2000. Young people aged 14 and below accounted for 16.6 percent, down 6.3 percentage points from a decade ago.

The results also showed that 49.7 percent of the population now lives in cities, up from about 36 percent 10 years ago.

Wang Feng, a population expert and director of the Brookings-Tsinghua Center for Public Policy in Beijing, said the census results confirmed that China's population has turned a corner, with massive migration flows and a fertility rate of no more than 1.5 children per couple.

"That is alarmingly low for a large country like China," Wang said.


Link -
http://www.google.com/hostednews/ap/article/ALeqM5iRtbWWvKi6aqp6_Oxr1GQuvhBUPg?d...
=====================
What would be alarming, would be if China was still had a TFR of 6 children per woman, where it was in the 1960's and it had a total population that had already gone thru the roof and was heading into the stratosphere!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #248 - May 3rd, 2011 at 10:15pm
 
Economy threatened by aging demographic in China


BEIJING, May 3 (Xinhuanet) -- China's population is getting older, and that could have a major effect on the nation's economic prosperity.

The emergence of negative growth in the total working-age population, which some demographers predict will happen as early as 2013, is likely to contribute to slower economic growth and higher inflation, according to analysts.


However, they said the demographic shift from a rural surplus of labor to a deficit will help to accelerate the transformation of the growth model from one which is export- and investment-led to one driven by services and consumption.

The latest census data, released by the National Bureau of Statistics on Thursday, showed that the proportion of the population aged between 0 and 14 fell to 16.6 percent in 2010 from 22.9 percent in 2000. Meanwhile the number of people aged 60 and above grew to 13.3 percent from 10.3 percent.

The falling number of young people suggests the Chinese population is aging rapidly. The Asian Development Bank forecast that the proportion of those aged 60 and above is expected to rise to 33 percent by 2050. That would make China's population the same age as Denmark's, but older than that of the United States (26 percent).

The number of working-age Chinese will soon start to see negative growth with the National Population and Family Planning Commission predicting the peak will occur in 2016, while some analysts say it could be as early as 2013.  

"The potential emergence of a labor shortage is likely to contribute to slower economic growth in the short term," said Zhang Juwei, professor and director of the Labor and Social Security Research Center at the Chinese Academy of Social Sciences.


China has already reaped the benefits of a demographic dividend, which is believed to have played a role in the country's economic breakthrough, having enjoyed the advantage of abundant cheap labor for decades.

"Wage increases are the most direct response to labor shortages. That will definitely squeeze the profit margin for some low value-added manufacturers," Zhang said.

Economists said that higher wage rates could lead to higher inflation and a decline in the competitiveness of the manufacturing sector, which may cast a shadow over the country's position as a global manufacturing center.

In 2010, minimum wages increased by more than 20 percent on average, and the government has vowed to double workers' pay over the next five years.

"It will become harder for productivity to keep up with faster wage growth, while the consumption share of GDP should soon start to rise, reducing economic overcapacity. All this points to higher structural inflation pressure," Sun Chi, an economist at Nomura Securities wrote in a report.

Some economists have argued that a labor shortage could provide a catalyst to accelerate the country's industry upgrade, increase productivity, and transform the nation's growth model.

"The labor shortage will force enterprises to go after an innovation and technology-driven strategy, which will help lift productivity and offset the negative impacts, said Mo Rong, deputy head of the Research Institute for Labor Science at the Ministry of Human Resources and Social Security.

Analysts also said that to address the issue effectively, policymakers in Beijing need to gradually loosen the family-planning policy and to remove the system of household registration, which is a major barrier to the migration of labor from rural areas to the cities.

Link -
http://news.xinhuanet.com/english2010/china/2011-05/03/c_13856468.htm
==========================
Imagine that, a Labour shortage in China!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #249 - May 14th, 2011 at 9:20pm
 
Timelines - a Human perspective


...
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #250 - May 28th, 2011 at 10:46am
 
Nobody knows nuffink on immigration policy


In a period of extremely adversarial federal politics, it's possible there has been a secret outbreak of bipartisanship on one contentious policy: immigration. Either that or Tony Abbott is too busy kicking easy “pragmatic” goals in the carbon tax game to be bothered about beating up invasion fears for now.

In the absence of evidence to the contrary, the agreed migration policy of Labor and the Liberal/National Parties is that the government will have no migration policy – the government of this day and the next will just quietly get on with the job of doing what has to be done as Australia grows by 1.5 per cent or so a year well into the future, in due course hitting that 35 million figure once unfortunately (and mistakenly) described as a “Big Australia”.


Migration is the often-forgotten third arm of economic policy to deal with inflation pressures – what migration and fiscal policies don't achieve, the Reserve Bank's blunt interest rate weapon must batter into submission.


It's been two weeks now since “Sustainable Population Minister” Tony Burke snuck out his “sustainable population strategy” – a document as insubstantial as Abbott's budget reply speech. But the document is “sustainable” in the political sense as it provides no targets to be attacked, no guidelines for population growth that might attract attention or for which the government might be blamed.

As KPMG demographer Bernard Salt has complained, it also makes the document absolutely useless for the planning necessary by business and all levels of government to competently handle the growing population.

“Hey Tony, how much water/electricity/public transport, how many houses/hospitals/toilet seats will Australia need in the next ten years?”

That someone as combative as Scott Morrison, shadow minister for attacking boat people, has let the document go through to the keeper indicates the Liberal Party now has the same goal as Labor
– letting migration numbers slide back under the radar. Plenty of business leaders, appreciating the necessity of a vibrant immigration intake, have let the Liberals know they were dismayed by the way migration was attacked during the last election and the National Party has “populate or perish” in its DNA.

The Liberal Party side steps the need for enunciating an immigration policy and the troublesome numbers such a thing might entail by promising to outsource immigration to the Productivity Commission. Morrison reiterated that stance while briefly flapping at Tony Burke's non-policy during a door stop:

"Our policy released a year ago said that the Productivity and Sustainability Commission, as it would be re-tasked, would advise on a population growth band over a five year period and that would seek to ensure that we maintain population growth levels within that sustainable band. It's all about balancing our capacity with the needs of growth."

Question: "If your Productivity and Sustainability Commission ... said that it was sustainable for Australia to have 50 million people, would you back that?"

Scott Morrison: "We would support a population growth rate which independently has been verified as sustainable. The problem is no one can tell you what that is categorically. There was a report issued by the Department of Immigration and Citizenship which showed that at least in terms of meeting per capita GDP growth requirements, 160,000 to 210,000 was a range. That work showed that it is possible to start getting an independent assessment of what your migration intake should be because your migration intake largely is predetermined in terms of where people are going to end up living, particularly over the next few years."

Yep, no one can tell you categorically, so outsource a broad band and then quietly fudge it. Much safer not to provide a political target. At last, the government and the opposition effectively agree on something.

Link -
http://www.smh.com.au/business/nobody-knows-nuffink-on-immigration-policy-201105...
====================================
As I have said previously, both Labor & the Liberals are locked into the "old paradigm" of using immigration as the backstop to maintain "a reasonable workforce pool", as required by TPTB!


The fact is, the old Population paradigm of “populate
or
perish”, is no longer applicable, as we are now bumping into glass ceilings in Energy, Food & Fresh Water supplies.

All of which means that to continue to use Population Growth as a primary Economic tool will actually ensure the reverse of the old paradigm and from here on it should read “populate
&
perish”!

Back to top
 
 
IP Logged
 
It_is_the_Darkness
Gold Member
*****
Offline


Australian Politics

Posts: 4000
in a ReTardis
Gender: male
Re: The Population Debate
Reply #251 - May 28th, 2011 at 4:53pm
 
Perceptions_Now, your're inputs are informative and insighful. 10/10
Smiley

I must 'correct' an earlier post. I do believe the Chinese and 'yellow' Asian population won't crash. I believe the INDIAN (curry muncher version) will crash instead - be it via all-out Nuclear War with Pakistan (cuz they don't have Polaris) or be it a crash of mass poverty death and disease that is survived by the guilty rich that enjoys the entertainment brought on by Cricketers, etc that get paid $millions while many starve to death ???
Back to top
 

SUCKING ON MY TITTIES, LIKE I KNOW YOU WANT TO.
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #252 - May 28th, 2011 at 7:50pm
 
It_is_the_Darkness wrote on May 28th, 2011 at 4:53pm:
Perceptions_Now, your're inputs are informative and insighful. 10/10
Smiley

I must 'correct' an earlier post. I do believe the Chinese and 'yellow' Asian population won't crash. I believe the INDIAN (curry muncher version) will crash instead - be it via all-out Nuclear War with Pakistan (cuz they don't have Polaris) or be it a crash of mass poverty death and disease that is survived by the guilty rich that enjoys the entertainment brought on by Cricketers, etc that get paid $millions while many starve to death ???


Thank you!
My primary aim is to provide information that is not readily available or if it is, it is improperly slanted, by the Politicians (on both sides), the mass media & by TPTB.

It is still up to each individual to assess that information, but by at least having been provided that different perception, some people may come to different conclusions themselves and eventually the tide will turn.


As far as the Chinese & the Indians go, the Chinese are set to start their Aging problem before the Indians, but given the major factors in play & that both have huge populations, I suspect that both will endure substantial Population reductions and some quite severe internal problems, which may then become external problems?
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #253 - May 30th, 2011 at 11:51pm
 
The idiocy of endless growth


It's the obvious but forbidden truth: on a finite and already swollen planet, we can't expand indefinitely.

Some time in the next few months, the world's population clock will tick over 7 billion people. This has immense implications for all of us, and Australia will not be immune from the impacts.

No one can confidently predict where we will find the food, energy, water and resources needed to supply even the basic needs of so many people. On a finite planet, we are already using up far more than we can replenish, literally exhausting the environment on which we rely for our survival.

For decades, overpopulation has been off the international agenda. It is barely mentioned in the media, and is rarely discussed in relation to, say, climate change or the looming global refugee crisis. Yet it is the common factor that links all our global problems, and ignoring it condemns billions of people to lives of poverty and injustice.

The essential requirement of a sustainable system is that it can be continuing. Yet the global economic system is based on the need for perpetual growth of output and consumption that clearly cannot last indefinitely. Australia's economy is based on two especially precarious principles: extracting as rapidly as possible mineral resources that have taken millions of years to accumulate, while propping up our housing and retail markets with a continuing influx of extra consumers.

How much longer can we exponentially expand our demand for energy and resources?

One day a politician will be brave enough to speak the obvious but forbidden truth: that on a finite planet we cannot continue to exponentially increase our consumption of natural resources, nor survive as a civilisation if we keep adding billions more people to our already swelling planet. Until then, I fear we are creating a dangerous world for our children and grandchildren.

Link -
http://www.smh.com.au/opinion/society-and-culture/the-idiocy-of-endless-growth-2...
===============================
I agree!
Back to top
 
 
IP Logged
 
perceptions_now
Gold Member
*****
Offline


Australian Politics

Posts: 11694
Perth  WA
Gender: male
Re: The Population Debate
Reply #254 - Jun 3rd, 2011 at 8:31pm
 
Economics of aging population


BEIJING, June 1 (Xinhuanet) -- The National Bureau of Statistics has released the results of the sixth national census. China remains the most populous country in the world with more than 1.3 billion people and continues to experience population growth at a moderate pace of about 0.5 percent a year.

China's fertility rate is so low, however, that population decline and rapid population aging are imminent. These demographic changes will have profound implications for China's economy, the role of the public sector and families concerned about their prosperity and economic security.  

To understand the enormity of the demographic changes facing China one need look no further than children's population trend. In 1976, the population under the age of 15 years reached a historic high of nearly 360 million according to United Nations estimates. The 2010 census shows that the country now has only about 222 million children (0-14 years old).


During the last 35 years the number of children has declined by about 138 million, and over the next 35 years the UN projects a further drop of more than 80 million. China is experiencing a "baby bust", which is unprecedented for its magnitude and the speed with which it has occurred.

Until now China's "baby bust" has been favorable for economic growth yielding what is often described as the "demographic dividend". Children contribute nothing to GDP because they do not work, but they are very costly. Most of the cost for children is borne by families - by parents and grandparents. Children impose a cost on taxpayers who help pay for their schooling, healthcare and other material needs.

The decline in the number of children has freed up resources that have been put to good use by the public and private sectors both. Some of these resources have been used to improve standards of living and reduce poverty, some have been saved leading to increased capital accumulation and some have been used to increase per child spending on education and healthcare.

Generally speaking, China has used part of its demographic dividend to raise current living standards and part to invest in the future. China's current age structure is now the most favorable in its history. Its population is heavily concentrated in the ages where people are most productive and have the highest earnings. Relatively few people are young or old when production is low and consumption is high. The age structure is highly favorable for public finances, too. Taxes are paid predominantly by working-age adults, while benefits go predominantly to the young as well as the old.

But China has reached a turning point. Demographic conditions are becoming unfavorable as the "baby bust" generation comes of age - entering and progressing through the working ages.

Currently, the "baby bust" is pushing down the number of people in their early 20s. In another 10 years, the number of people in the 20s and early 30s will be in decline. With each passing year, a larger share of the labor force, too, will be in decline.

The aging population is growing and will continue to grow very rapidly.
The speed of aging will depend primarily on whether the fertility rate recovers from its currently low level or declines further as has been the case in South Korea and Japan. If China's total fertility rate begins to recover from its current level of about 1.5 to 1.6 births per woman, about 34 percent of its population will be 60 years or older in 2050. But if the total fertility rate declines to lower levels, about 39 percent of its population will be 60 years or older by then.

Link -
http://news.xinhuanet.com/english2010/indepth/2011-06/01/c_13905135.htm
Back to top
 
 
IP Logged
 
Pages: 1 ... 15 16 17 18 19 ... 29
Send Topic Print