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Now it is time for a lecture on population issues!. YAY!. I hope it isn’t on aging population!. (please don’t let it be on aging population…). What is Globalization?. Weakening of the nation-state and strengthening of transnational political processes Emergence of a global economic market
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I hope it isn’t on aging population! (please don’t let it be on aging population…)
What is Globalization? • Weakening of the nation-state and strengthening of transnational political processes • Emergence of a global economic market • Emergence of a world-spanning global culture
Anything but aging population! (fingers crossed…)
Aging Population: How it Works • Statistically speaking, an aging population is caused by an unbalanced increase in the mean and median age of a population • Demographers use the Population Pyramid to illustrate this
Aging Population: Causes • Lower fertility rate (the average births per woman in a nation) • (at least 2.1 births per woman is required for a balanced population) • Higher life expectancy
Aging Population: Consequences • High dependence ration • Lower rates of consumerism • High welfare costs • Later retirement age • Lack of manpower
What is called the “Youth Bulge” (ugh… gross!)
Youth Bulge: How it Works • The Youth Bulge is created by an unblancing decrease in the mean age of a nation • This is accompanied by an only marginal increase in the median age of a nation
Youth Bulge: Causes • A short-lived explosion of the fertility rate in a nation • A marginal increase in life expectancy • Population Momentum • Societal factors
Youth Bulge: Consequences • Scarcity and competition • Lack of legacy • Low dependency ratio • Internal migration • Poverty and inequality • International/transnational migration
Youth Bulge: Benefits • Demographic Bonus • Labor effect • Savings effect • Functional migration
Youth Bulge: Drawbacks • Domestic political instability • International/transnational political contagion • Dysfunctional migration
Positive consequences: Offers a window of opportunity for a demographic bonus from labor and savings Healthy migration can lead to remittances and workers returning home with new skills Negative consequences: Rapid urbanization and migration can stretch a nation’s resources and slow the economy This leads to poverty and inequality Which leads to political conflict an instability Which pushes out foreign investment an slows the economy And so on… Consequences for the Nation
Consequences for the World • Positive consequences: • Economic cure for aging populations • Negative consequences: • Contagion of political conflict • Clash of civilizations from migration • Refugee floods
So What are the Solutions? • Create jobs • Encourage family planning and reduce fertility rate • Education and/or jobs for women • Reduce infant mortality rate • Democratization and/or representation • Open economies for more labor intensive jobs • Permit migration without backlashes against migrant workers