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Published byJoanna Owens Modified over 9 years ago
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Now it is time for a lecture on population issues!
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YAY!
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I hope it isn’t on aging population! (please don’t let it be on aging population…)
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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
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Anything but aging population! (fingers crossed…)
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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
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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
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Aging Population: Consequences High dependence ration Lower rates of consumerism High welfare costs Later retirement age Lack of manpower
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Where is it happening?
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Where is it (not) happening?
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So what is the opposite of an aging population?
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What is called the “Youth Bulge” (ugh… gross!)
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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
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Youth Bulge: Causes A short-lived explosion of the fertility rate in a nation A marginal increase in life expectancy Population Momentum Societal factors
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Youth Bulge: Consequences Scarcity and competition Lack of legacy Low dependency ratio Internal migration Poverty and inequality International/transna tional migration
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Youth Bulge: Benefits Demographic Bonus Labor effect Savings effect Functional migration
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Youth Bulge: Drawbacks Domestic political instability International/tra nsnational political contagion Dysfunctional migration
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Past Youth Bulges in History
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Present Youth Bulges
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Future Youth Bulges
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Consequences for the Nation 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…
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Consequences for the World Positive consequences: Economic cure for aging populations Negative consequences: Contagion of political conflict Clash of civilizations from migration Refugee floods
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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
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So What are the Consequences for Singapore?
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Sit back and Enjoy the Video!
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