summary ch 6

summary ch 6 - Summary: Economic Development 1 By: Nena...

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Unformatted text preview: Summary: Economic Development 1 By: Nena Alvarenga Chapter 6: Population Growth and Economic Development: Causes, Consequences, and Controversies The Basic Issue: Population Growth and Quality of Life 1. Given current levels of population growth will developing countries be able to improve? 2. How will LDCs deal with increases in the already cheap labour force? 3. What are the implications of PG on the chances of the poor overcoming misery? 4. Will LDCs be able to develop health and education systems? 5. Controversy between poverty and family size (large)? 6. Is the pursuit of increasing affluence among the rich more detrimental to the global environment? Population Growth: Past, Present, and Future World Population Growth throughout History 12,000 years ago population was 5 million 2,000 years ago population was 250 million and in the year 2000 population reached 6 billion Population growth isnt always steady due to natural catastrophes and variation among region Todays growth rate is at a historical high: 1.2% per year Population trends are influenced by famine, disease, malnutrition, plague and war BUT these conditions came under control due to economics and technology. o Large population due to decrease in death rates Structure of the Worlds Population Geographic Region More than of the world live in developing countries. Latin America, Africa and Asia will share 88% of worlds population in 2050. There is an ever-growing population share of the developing world. Fertility and Mortality Trends Rate of population increase: % yearly net relative increase due to natural increase and net international migration mostly just natural increase. Birth rates in developing are much higher than in developed. Total fertility rate: average # of children a woman would have B/c of the AIDS epidemic, and high under-5 mortality rates... Sub-Saharan Africa has the lowest life expectancy. Age Structure and Dependency Burdens Population is very youthful in the developing world. Children under the age of 15 > 29% of the population. o The youth dependency ratio: proportion of youth to economically active adults high Hidden Momentum of Population Growth The hidden momentum of population growth refers to the fact that it tends to keep going before coming to a stop (even if birth rates fall, growth will continue) o Birth rates fall substantially and not over night. The Demographic Transition Demographic transition: process by which fertility rates eventually decline to replacement levels o Stage 1: before economic modernization slow populat ion growth due to high birth and high death rates....
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summary ch 6 - Summary: Economic Development 1 By: Nena...

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