Chapter 6 Population Growth and Economic Development: Causes, Consequences, and Controversies Copyright © 2009 Pearson Addison-Wesley. All rights reserved. Population growth and Standard of living Six major issues: – Impact of population growth and standard of living. – Population growth on employment (GDP per capita). – Population growth rates affect poverty. – Population growth and Health care. – Population growth and education. – Relationship between poverty and family size. 6-2 Population growth and economic development, consequences, controversies • Historical and recent population trends. • Structure of world population by regions. • Fertility and mortality rates. • Demographic transition. • Malthusian population trap. 6-3 Estimated World population growth 6-4 Historical Population Trends Growth rate of World population has increased after 1950: • Falling mortality rates (resulting from rapid technological advances in modern medicine and spread of modern sanitation methods) raised population growth rates. • Malnutrition – Health conditions decline in mortality rates. Via access to modern medicine. Proliferation of public health facilities. Clean water supplies. Improved nutrition. Public education. 6-5 World population growth (1750-2050) 6-6 Structure of the world’s population By geographic region: Africa: >100 percent increase through the year 2050. Latin America: >50 percent. Asia: >50 percent. Europe: >5 percent North America: 50 percent 6-7 Figure 6.2: World population distribution by region (2003 and 2050) 6-8 Structure of the world’s population By birth and death rates: • Population increase = (measuring the excess of births over deaths) + (measuring immigrants in excess of emigrants). • Data show net international migration is limited in magnitude. • Faster population growth in developing world. Birth rates (Less developed) >>> Birth rates (Developed). Death rates (Less developed) > Death rates (Developed). 6-9 Fertility rate for selected countries 6-10 Population pyramids: Age structures 2005 6-11 The Demographic Transition Process through which fertility rates eventually fall to replacement levels. Stage I: High birth rates and high death rates (slow growing population). Stage II: Continued high birth rates but declining death rates (beginning of demographic transition. Stage III: Falling birth rates (population growth is stabilized). 6-12 Figure 6.6: The traditional demographic transition. 6-13 Figure 6.7: The demographic transition in developing countries 6-14 High fertility in developing countries Malthusian Population Trap postulates that: • Food supplies expand only at arithmetic rates due to diminishing returns to the fixed factor land. Population increase geometrically. • Growth in food supplies can’t keep pace with expanding population 6-15 High fertility in developing countries Critical Assumption (Malthusian Population Trap): – The higher the level of per capita income the faster the growth in aggregate income. Rationale: – Countries with higher per capita incomes generate higher savings therefore more investment that leads to faster capital accumulation and growth. Result: – In the absence of preventive checks (birth control), positive checks (starvation, disease) provides the restraining force on population growth 6-16 The causes of high fertility in developing countries. Main Criticism of the Malthusian model: Ignores the impact of technological progress. Rapid technological improvement increasing returns to scale rather than decreasing returns to scale (help raise significantly the productivity of the fixed factor land. 6-17 How technological and social progress allows nations to avoid the population trap 6-18 The causes of high fertility in developing countries: The Malthusian and household models • The microeconomic household theory of fertility. • The demand for children in developing countries. – First two or three as “consumer goods”. – Additional children as “investment goods”. 6-19 The causes of high fertility in developing countries: The Malthusian and household models. Demand for Children Equation Cd = f (Y , Pc, Px, tx), x = 1,..., n Where: Cd is the demand for surviving children Y is the level of household income Pc is the “net” price of children Px is price of all other goods tx is the tastes for goods relative to children 6-20 The causes of high fertility in developing countries: The Malthusian and household models Demand for Children Equation Cd = f (Y , Pc, Px, tx), x = 1,..., n Under neoclassical conditions, we would expect: ¶Cd >0 ¶Y ¶Cd <0 ¶Pc ¶Cd >0 ¶Px ¶Cd <0 ¶tx 6-21 The causes of high fertility in developing countries: The Malthusian and household models Some empirical evidence: Implications for development and fertility – – – – – – Women’s Education, role , and status. Female nonagricultural wage employment. Rise in family income levels. Reduction in infant mortality. Development of old-age and social security. Expanded schooling opportunities. 6-22 The consequences of high fertility: Classical Conclusion: • Rapid population growth (RPG) lead to serious development problems. Two opposing views on the impact of RPG: 1. Not a real problem. 2. Real problem. 6-23 It’s not a real problem The real problem is not RPG but the following issues: Underdevelopment: • Development should be the goal because it will generate economic progress and other social mechanisms that will automatically regulate population growth. 6-24 It’s not a real problem The real problem is not RPG but the following issues: Population Distribution: • • Main problem is the spatial distribution of population. Governments should reduce rural-urban migration to bring about a more efficient population distribution in terms of available productive resources. Subordination of Women: • • Population growth is a natural outcome of women’s lack of economic opportunity. Education and empowerment of women (Bank of the poor). 6-25 It’s not a real problem • • It’s a deliberately contrived false issue: Population growth is an issue intentionally created by dominant rich country agencies and institutions to keep less developed in their under developed status. It’s a desirable phenomenon: Population growth is an essential ingredient to stimulate economic growth: Consumer demand to reach the economies of scale in production to lower unit production costs. 6-26 It’s a real problem • Unrestrained population growth is the principal cause of poverty, low levels of living, malnutrition, poor health conditions, environmental degradation, etc. • Population stabilization is the most immediate task even if it requires severe and coercive measures imposed on LDCs. 6-27 It’s a real problem Theoretical argument (Population-poverty cycle theory): • Population growth delays the economic growth process by: Reduced private savings at the household level. Reduced public savings due to increased government spending on basic services to the additional people. • Lower aggregate savings will slow down the capital accumulation resulting in low levels of investment and slower economic growth. 6-28 It’s a real problem Empirical argument: Recent research document the negative consequences of RPG on: • Economic growth (RPG lowers per capita income growth in LDCs). • Poverty and inequality (consequences fall heavily on the poor). • Food (given RPG trends, feeding everybody gets more difficult). • Environment (RPG leads to faster environmental degradation). 6-29 Goals and objectives: toward a consensus Three policy goals to deal with problems associated with RPG: • Policies should target not only the population variable but also the underlying social and economic conditions of underdevelopment. – • absolute poverty, widespread unemployment, malnutrition, etc. Family planning programs should provide education and technological means to regulate fertility. 6-30 Some Policy Approaches What developing countries can do: – Persuasion through education. – Financial assistance for family planning programs. – Manipulate incentives and disincentives for having children. – Raise the socioeconomic status of women. 6-31 Table 6.4: Countries adopting familyplanning programs (1960-1990) 6-32