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Population

In: Global Transition

Author

Listed:
  • Graeme Donald Snooks

    (Australian National University)

Abstract

The mechanism by which a Third-World nation responds to changes in global strategic demand is discussed in Chapter 11, and the role of strategic ideas in coordinating the supply response is examined in Chapter 12. We turn now to an analysis of that response. How does a nation’s resource endowment change as the global technological paradigm unfolds? To answer this key question we need to examine the strategic response of population and labour supply, capital stock (both physical and human), the state of technology, strategic institutions and organizations, strategic ideas, and strategic leadership. Orthodox economists typically treat the major production variables — namely population and technological change — as exogenously determined. They are regarded, therefore, as the sources of societal change. From this springs the idea that supply creates its own demand. By contrast, in this and the following chapters it will be argued that the supply-side variables respond to changes in strategic demand and that they possess no driving force of their own.

Suggested Citation

  • Graeme Donald Snooks, 1999. "Population," Palgrave Macmillan Books, in: Global Transition, chapter 13, pages 229-253, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98479-6_13
    DOI: 10.1057/9780333984796_13
    as

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