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Topic: Population: Economic strength or weakness - page 9. (Read 1682 times)

hero member
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The population is added strength when they contribute economically to nation building in individual quota. It becomes a weakness if hunger, unemployment, and other vices has become upheld.

With this current technological innovations in crypto, AI, Web3 worldwide, we are already witnesses to a population rise and a generation of android/smartphone babies who live more online and with earning skills online too.
Population is a strength to the country's economy, but the population needs to be the younger generation. The governments participation is much needed in creating jobs and fulfilling the basic needs of the population. When the government isn't able to do the needful automatically people will look for opportunities away from the country and settles down.

The dependence on online is much, however without the manufacturing sector we can't make an economy more stronger. The usage of online services were just to manage things in a better way whereas the manufacturing industry is the economy uplifting framework.
legendary
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I think it counts for the weakness of an economy. Having the work force with no work to do simply means, an over competition on the available and over exploitation of the available resource. This often becomes the case for over populated nations hence the need for policies to help put population in check. China instilled one and its been working good for them, this was out of a necessity and not as though the economy.

When we look at the essential needs of a human, we talk about food, cloth and shelter. Not technology, not social media and the host of them you could think of. Over population puts stress on all that and makes conditions for living much difficult. That has a negative effect on the economy as it could lead to unlawful acts.
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The population is added strength when they contribute economically to nation building in individual quota. It becomes a weakness if hunger, unemployment, and other vices has become upheld.

With this current technological innovations in crypto, AI, Web3 worldwide, we are already witnesses to a population rise and a generation of android/smartphone babies who live more online and with earning skills online too.
sr. member
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How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?

They will be unable to fill those voids, thereby impacting their economic performance. Many economists have recognised and acknowledged population over the years for its contribution to increased manpower and productivity in the economy. We also cannot dispute that major countries are constantly looking for ways to hire more unskilled labourers and pay them pennies for their efforts in order to reduce costs.

There is one big factor that can change everything about the theory mentioned above. The reason why you see differences between the nations as per their population and economic growth success or unsuccess lies within the "literacy" rate of that particular nation.

You make an excellent point here, and while I agree with you on this point, I'd like to point out that a country with a high literacy rate but no government intervention to open doors for skilled labour to practise their skill will still have a difficult time controlling its population if literacy is a determinant of population growth.
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Population is just a factor that could drive the economy of a country towards the progressive path as well as downwards. It all depends upon the person in power. The population being productive is in the hands of the government. The government should engage into development and creating more opportunities. When the government fails, then the young population gets deviated from the track. This is where more crimes takes place and the same population turns to be weakness. Right now China and India stands high on population. Both are at the good position in terms economic strength, however the policies India government hold at the moment to divide and rule can anytime be a threat to the country as well as upliftment of economy.
For example in China, which has the largest population in the world, but they have an economy that counts for the world, there are almost no countries that do not use products from China. it's different in India which also has the largest population after China, from a developing country to finally being able to move to a developed country where the government can take advantage of the advantages of existing human resources, but what needs to be watched out for is the political role that feels like it wants to rule
hero member
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How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?

Shrinking populations in developed nations is the main argument for open door immigration policies. Many politicians argue that we need to take in people from all around the world to keep our population constant. Maybe that sounds like a convincing argument for some people, but I don't think it's true. Technological advances, production efficency growth and the development of AI is going to transform the work landscape in the near future and less people will be required. The problem I see is that in developed nations everybody is going to university. A university diploma today is what the high-school diploma was 20 years ago. But there aren't enough jobs for all these highly educated people, which then take on jobs in the service industry. Instead of trying to find the workforce abroad for less skilled jobs, the government could try promote these sectors and offer benefits. There isn't much planning being done on what kind of qualifications people should have for the future. Spending 3-5 years studying in a university only to work in a Callcenter or restaurant seems like a bad investment for the individual and the state that pays the education.
legendary
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Population is just a factor that could drive the economy of a country towards the progressive path as well as downwards. It all depends upon the person in power. The population being productive is in the hands of the government. The government should engage into development and creating more opportunities. When the government fails, then the young population gets deviated from the track. This is where more crimes takes place and the same population turns to be weakness. Right now China and India stands high on population. Both are at the good position in terms economic strength, however the policies India government hold at the moment to divide and rule can anytime be a threat to the country as well as upliftment of economy.
full member
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We have had different analyses about the implication of population on the economy of a nation. Some economists will argue that the reason for the underdevelopment of most countries is because of overpopulation. Hence they are advised to cut down the population through diverse means like birth control and so on. In other countries, economists are also predicting economic woes because of underpopulation. These nations have been advised to increase the birth rate through diverse means. Some nations are giving citizens diverse welfare packages to increase the number of children they have. Some are encouraging immigration to fill the gaps created by the labor shortages.

A close look at this situation shows that many of these overpopulated nations mostly in Africa and Asia are underdeveloped. While these underpopulated nations are economically buoyant. I think the reason for the poverty of these developing nations is not the population but bad governance and the inability to maximize and distribute available resources equally.  We cannot deny the fact that these overpopulated nations are economically important to these developed nations in terms of human resources. And they contribute immensely to the development of these first-world nations in terms of cheap labour.

How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?

Many problems arise as a result of the excessive enrichment of some segments of the population. Lack of equal distribution or people not getting what they deserve disrupts the general order.

It is difficult to provide for a surplus population. This requires production and the financial power to ensure this production. In the examples you give where these elements are not available, overpopulation makes things even more difficult.

The labor force needed by developed countries has turned towards qualified personnel over time. It is no longer as high as it used to be to look for workers with physical power alone or to receive immigration. So population is a big problem in terms of economic power.
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How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?

That is not apparently the solution needed for an economy to flourish and grow, we needed to make use of a capacity development strategy to make opportunities available for everyone to get onboard and involved in all aspects of the economy, this will result into a massive increase on the production level and workforce and there will be decrease in dependency, lack and poverty among the people when they all have activities they do that keeps the busy to earn a living, except for those who chose not to work may not have enough to eat and leave below standard, if the world population is reduced and there's no capacity building to help position the people in other of labour there won't be changes at all.
hero member
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Those pushing for reduction in population growth are doing it for their selfish agenda, it is very stupid to consider high population as a threat to economic growth, this is why I pity nations in the west, especially Europe, they have been brainwashed to think this is good, you don't want to give birth to more children, but you keep brining in strangers to your country, and these strangers are very prolific, soon you will become a minority in their own country. The money your government is supposed to be spending on you, they are spending it on strangers, if you have a father that behaves this way, you will call him out but most people just keep quiet. If this trend continues in the next 50 years most of the European countries would have lost their identity, but the like of Asians and Africans population would have increased significantly and will dominate because democracy is a game of number. 
Of course, if you look at it from your point of view from here, assuming population is a weakness is absolutely wrong. I also noticed that their European countries have few generations of their nation, for example in Japan, which has a low population level. On the other hand, I also think that what will be the future of their nation if they continue to be entered by foreign nationals, which have been built by the nation and then its generations have shrunk and been filled by foreigners, the struggles of their predecessors have become futile and the infrastructure that has been built so far is enjoyed by foreigners.

But too much in printing that generation is the same as making the government overwhelmed in managing and preparing for its future in stabilizing the economy, but in comparison it is better to have a large population than a shortage, because the consumer market will be much higher.
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Those pushing for reduction in population growth are doing it for their selfish agenda, it is very stupid to consider high population as a threat to economic growth, this is why I pity nations in the west, especially Europe, they have been brainwashed to think this is good, you don't want to give birth to more children, but you keep brining in strangers to your country, and these strangers are very prolific, soon you will become a minority in their own country. The money your government is supposed to be spending on you, they are spending it on strangers, if you have a father that behaves this way, you will call him out but most people just keep quiet. If this trend continues in the next 50 years most of the European countries would have lost their identity, but the like of Asians and Africans population would have increased significantly and will dominate because democracy is a game of number. 
sr. member
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Peasants usually have many children - someone has to work in the fields. But today's children don't want to work in the fields, they want to go to the city. There are not so many jobs in the city, and entrepreneurs like to use cheap migrants. So there is a situation where a large population is a big problem. There are jobs, but few indigenous people want to work in hard jobs, and the easy jobs quickly run out

Honestly I don't agree with you. From the forecast data, countries with the highest DGP in 2030 are filled by countries with large populations. Large companies will move their business when there is a country with a large population because workers' wages are usually cheaper so they can reduce production costs.


Source: https://power.lowyinstitute.org/data/future-resources/economic-size-2030/gdp-2030/


Source: https://www.worldometers.info/world-population/population-by-country/

Maybe at first a country with a large population experiences poverty problems, but a country with a large population enables the country's economic turnover to be faster, so it is not dependent on world trade. In addition, more investment started going into countries with large populations, creating more jobs.

Why is so much investment going to countries with large populations? because the population is the market, instead of large companies having to ship finished goods, they prefer to move their factories to densely populated countries, where wages are cheaper and their products are in high demand by residents.

legendary
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I particularly don’t agree that underdevelopment in certain countries are caused by overpopulation although overpopulation seems to be a common factor in underdeveloped and developing countries.
While bad governance from the government would always top the list on reasons on why those countries remain underdeveloped, literacy rate also is a key indicator on why any country would remain underdeveloped and overpopulated.

In a lot of places where there is little or no government intervention, unemployed people who go idle all day tend to mostly find the time to procreate with no little thought of the aftermath. Babies would be born into poverty and the cycle continues further increasing the gap between the wealthy and the poor.
Overpopulation could be a blessing to a nation as well as a major problem. It falls down to the government and also the people on how best to make use of the potential in Human Resources.

 Peasants usually have many children - someone has to work in the fields. But today's children don't want to work in the fields, they want to go to the city. There are not so many jobs in the city, and entrepreneurs like to use cheap migrants. So there is a situation where a large population is a big problem. There are jobs, but few indigenous people want to work in hard jobs, and the easy jobs quickly run out

Big population is only a problem if the government can't fulfill its duty to provide good paying jobs for their citizen.  But if the government is able to utilize its resources properly and able to provide jobs to his people, thei huge population can be an asset to the government.  Imaging if all its citizen has jobs and they are able to get taxes from their salaries, it will be a huge source of funds for the government.

Whether a population is a strenth or weakness depends on the government and how it utilize its resources to make these huge population an asset.
legendary
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I particularly don’t agree that underdevelopment in certain countries are caused by overpopulation although overpopulation seems to be a common factor in underdeveloped and developing countries.
While bad governance from the government would always top the list on reasons on why those countries remain underdeveloped, literacy rate also is a key indicator on why any country would remain underdeveloped and overpopulated.

In a lot of places where there is little or no government intervention, unemployed people who go idle all day tend to mostly find the time to procreate with no little thought of the aftermath. Babies would be born into poverty and the cycle continues further increasing the gap between the wealthy and the poor.
Overpopulation could be a blessing to a nation as well as a major problem. It falls down to the government and also the people on how best to make use of the potential in Human Resources.

 Peasants usually have many children - someone has to work in the fields. But today's children don't want to work in the fields, they want to go to the city. There are not so many jobs in the city, and entrepreneurs like to use cheap migrants. So there is a situation where a large population is a big problem. There are jobs, but few indigenous people want to work in hard jobs, and the easy jobs quickly run out

sr. member
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I particularly don’t agree that underdevelopment in certain countries are caused by overpopulation although overpopulation seems to be a common factor in underdeveloped and developing countries.
While bad governance from the government would always top the list on reasons on why those countries remain underdeveloped, literacy rate also is a key indicator on why any country would remain underdeveloped and overpopulated.

In a lot of places where there is little or no government intervention, unemployed people who go idle all day tend to mostly find the time to procreate with no little thought of the aftermath. Babies would be born into poverty and the cycle continues further increasing the gap between the wealthy and the poor.
Overpopulation could be a blessing to a nation as well as a major problem. It falls down to the government and also the people on how best to make use of the potential in Human Resources.
sr. member
Activity: 868
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People are the new oil.

Your comment is very short but I agree with you. Analysts predict the growth of densely populated countries will dominate the global economy in the next few years. In the following I quote the DGP forecast for countries in the world in 2030



Screenshot from : https://power.lowyinstitute.org/data/future-resources/economic-size-2030/gdp-2030/

At first the country has problems with a large population, especially the problem of poverty, but countries with a large population will become potential, they have a lot of workforce so many companies will move their factories to countries with a large population to reduce production costs and their products will be widely used in the country with a large population. So, countries that have large populations that were previously a problem, will learn to take advantage of their population as a potential and advantage. In addition, a country with a large population will also make its economy rotate faster in its own country without having to depend on international trade.
legendary
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China and India are most populous countries in the world and are one of big global powers. Clearly they both have utilised there population as there strength rather then a weakness. Also there are countries like Switzerland,  who have very small population still they are very much developed. So population alone is not a criteria for success or failure. You need to have a road map about how to proceed in right direction.

This is what I was saying! It's how you will utilize what you have for it to be a strength. Granted that it wouldn't be easy for overpopulated countries to answer to the demands of its people, it can still be solved by finding a way for the people to boost the country by manpower and that will honestly do most of the work for the country's economy.
hero member
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With regard to the question, there can be two ways: the first is good by encouraging citizens to increase offspring and reproduction, and the second is evil by trying to keep poor countries backward and spread wars and chaos so that young people in these countries are forced to emigrate and work in developed countries.
From all indications developed nations will continue to depend on underdeveloped nations for manpower until they can solve their problem of underdevelopment. And I guess it will be a herculean task to increase the population in these first-world nations because the current generation of these countries doesn't want to have more children. In China, the years of the implementation of the one-child policy have affected the social structure. People are no longer interested in having children for different reasons. So the overpopulation in most third world nations is a blessing to these developed nations.

Smiley
The world is changing, and we have seen that computers can now accomplish many things, but this does not negate the need for humans in such sectors.  Many undeveloped countries cannot stop population growth, hence the population will continue to expand. It is now up to each country's government to make good use of its people in order to attain cheap labour.
I also share your thoughts on the development of modern technology that can mimic human intelligence and abilities. The introduction of artificial intelligence tools, modern machines, and robots can reduce the need for humans in the workplace. It is estimated that AI will take over about 85 million jobs by 2025. But I doubt if these modern technologies will reduce the need for humans because new jobs will also emerge from these innovations.
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White Russian
People are the new oil.
legendary
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Even if that's not entirely true - but I believe part of it is. Countries with high populations will find it difficult
Most of them choose to work in other countries regardless of educational background - but it has become a good trend to rid the population of the unemployment rate. Such a country will exist as a third world country among the global community - but the government will not escape its responsibility to provide jobs. For most of the unemployed who are still having trouble finding work.
Yes, this has become a good trend to rid the population of the unemployment rate, but unfortunately governments in third world countries encourage such a trend, directly or indirectly. In order to reduce unemployment on the one hand and on the other hand to get an increase in "foreign exchange" or dollars for the government treasury through the remittances that these young immigrants send to their families.

For example, here in my country, the government provides jobs for the unemployed with a salary ranging between 10-30$ per month!!!! Do you think that this salary will meet the minimum living requirements? Of course not. Therefore, most young people will eventually have to migrate to get a higher-paying job. The government is happy with that and is making no attempt to raise salaries and provide better opportunities for young people.
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