3c - Class Notes Extra credit possibilities (You may change...

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1 Class Notes Extra credit possibilities (You may change one quiz with each) Bring guest— today and Wednesday only Interview businessman report: 60—last day today No help sessions this week—come to my office. Classes this week as usual. Growth of Less Developed Countries GDP per person 2005 Purchasing Power Parity Luxembourg $55,600 US $42,000 Switzerland $35,300 Canada $32,900 Singapore $29,900 Rep. Congo $ 700 Malawi $ 600 Burundi $ 600 East Timor $ 400 Mexico $ 10,100 Brazil $ 8,400 China $ 6,300 Iraq $ 3,400 What the people in high income countries consume in a week, the people in low income countries live on for a year. Difference in annual income per person between top 5% and bottom 5% of countries: 1900 10 times 1960 30 times 2005 60 times The Wal Street Journal OPINION Tuesday, January 13, 2009 p. A17 Economic Growth in Less Developed Countries Birth and Death Rates Births or deaths annually per 1000 population Primitive society Birth rate 45 Death rate 35 Population growth 10 Population growth--annual percent growth--1% Many babies, much suffering and death Controlling: Birth rates Death rates
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2 Much easier to reduce death rates: Sanitation bathing underwear latrines drinking water Vaccinations 4 million die annually from vaccine-preventable diseases. The Wall Street Journal, Monday, December 31, 2007, p. A 2 2. Nutrition Infants and children 1.5 million children die from lack of Vit A. Pregnant women WSJ 10/31/02 Reducing birth rates is hard: Incentives for large families Labor force on the farm Income security in old age Having children considered personal, not national issue Church, nationalism The Wall Street Journal, Tuesday, March 11, 2008 p. A7 China to Retain Its One-Child Policy By LORETTA CHAO March 11, 2008; Page A7 BEIJING -- China wil keep its controversial family-planning policies for at least another decade, the country's top family-planning official said, damping any expectations of a change. Zhang Weiqing, minister of China's State Population and Family Planning Commission, told China's state-run China Daily newspaper that abandoning the policies at this point would cause "serious problems," put a strain on economic development, and cause more problems than it would solve. The policies limit most urban couples to having one child and to-date has prevented an estimated 400 mil ion births. "The current family-planning policy, formed as a result of gradual changes in the past two decades, has proved compatible with national conditions," Mr. Zhang said. "It has to be kept unchanged at this time to ensure stable and balanced population growth." Critics of the policies have pushed for change, saying a lower birthrate may actual y lead to social difficulties because there wil be fewer young working adults to pay taxes and look after the elderly.
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This note was uploaded on 02/19/2011 for the course AGEC 217 taught by Professor Deboer during the Fall '08 term at Purdue University-West Lafayette.

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3c - Class Notes Extra credit possibilities (You may change...

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