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Sex and Money: How Many Babies Are Too Many?

In: The Time-Travelling Economist

Author

Listed:
  • Charlie Robertson

Abstract

Too many identify population growth as positive for economic growth. When half of Nigeria’s 200 m population are children, and perhaps half of the 100 m adults are at home, an economy grows at 1% per capita. When the ratio of adults is higher as in Asia today, annual growth averages 3–4% per capita. As Europe ages, and peak growth in Asia transfers from China to India, it is Africa that has been held back by too much population growth. Looking back to 1960, we can use population forecasts to see why South Asia and Vietnam are booming now and why North Africa will be next.

Suggested Citation

  • Charlie Robertson, 2022. "Sex and Money: How Many Babies Are Too Many?," Springer Books, in: The Time-Travelling Economist, pages 93-159, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-97597-5_3
    DOI: 10.1007/978-3-030-97597-5_3
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