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Global Population Trends for Industrial and Developing Nations - Essay Example

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The paper "Global Population Trends for Industrial and Developing Nations" discusses that the increase in the percentage of elderly means an increase in healthcare and pension costs against a backdrop of a dwindling workforce resulting in tax burdens on future workers…
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Global Population Trends for Industrial and Developing Nations
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In industrialized nations, there is a significant decrease in birth rates, which can be traced back to the 1960s, as more couples opted to remain childless and women choose their careers over children (Philip, Marty and John, 2009). This trend has led to an increase in the number of an aging population and a decrease in young people. However, in the developing nations, it is the opposite; characterized by increases in population accompanied by rural-urban migration in such for better jobs and better living standards. If these population trends are not managed, there are expected challenges.
The rural-urban migration, especially if unplanned will put pressure on the already limited public amenities and social services. The unemployment rate will increase as the workforce will be higher than job creation, leading to high levels of crime.
Inevitably, these countries will experience similar problems; slower economic growth, financial problems for senior retirement programs, deterioration of public and social services and ultimately social unrest. These will have a negative effect on world business and world economic conditions. Read More
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