“Demography is destiny”*…
But what destiny? Strong population growth has fueled economic development in some countries (where the phenomenon of economic growth tends to moderate population growth), and it has exacerbated problems in others. Conversely, a shrinking population can vex the prospects for development and growth. The Economist weighs in with thoughts on the world’s two most populous nations– one shrinking, the other growing…
China has been the world’s most populous country for hundreds of years. In 1750 it had an estimated 225m people, more than a quarter of the world’s total. India, not then a politically unified country, had roughly 200m, which ranked it second. In 2023 it will seize the crown. The UN guesses that India’s population will surpass that of China on April 14th. India’s population on the following day is projected to be 1,425,775,850.
The crown itself has little value, but it is a signal of things that matter. That India does not have a permanent seat on the UN Security Council while China does will come to seem more anomalous. Although China’s economy is nearly six times larger, India’s growing population will help it catch up. India is expected to provide more than a sixth of the increase of the world’s population of working age (15-64) between now and 2050.
China’s population, by contrast, is poised for a steep decline. The number of Chinese of working age peaked a decade ago. By 2050 the country’s median age will be 51, 12 years higher than now. An older China will have to work harder to maintain its political and economic clout. [See also:”For the first time since the 1960s, China’s population is shrinking” and “Here’s why China’s population dropped for the first time in decades.”]
Both countries took draconian measures in the 20th century to limit the growth of their populations. A famine in 1959-61 caused by China’s “great leap forward” was a big factor in persuading the Communist Party of the need to rein in population growth. A decade later China launched a “later, longer, fewer” campaign—later marriages, longer gaps between children and fewer of them. That had a bigger effect than the more famous one-child policy, introduced in 1980, says Tim Dyson, a British demographer. The decline in fertility, from more than six babies per woman in the late 1960s to fewer than three by the late 1970s, was the swiftest in history for any big population, he says.
It paid dividends. China’s economic miracle was in part the result of the rising ratio of working-age adults to children and oldsters from the 1970s to the early 2000s…
India’s attempt to reduce fertility was less successful. It was the first country to introduce family planning on a national scale in the 1950s. Mass-sterilisation campaigns, encouraged by Western donors, grew and were implemented more forcefully during the state of emergency declared by Indira Gandhi, the prime minister, in 1975-77… Though brutal, the campaign was not thorough enough to cause a dramatic drop in India’s birth rate. India’s fertility has dropped, but by less, and more slowly than China’s. With a median age of 28 and a growing working-age population, India now has a chance to reap its own demographic dividend. Its economy recently displaced Britain’s as the world’s fifth-biggest and will rank third by 2029, predicts State Bank of India. But India’s prosperity depends on the productivity of its youthful people, which is not as high as in China. Fewer than half of adult Indians are in the workforce, compared with two-thirds in China. Chinese aged 25 and older have on average 1.5 years more schooling than Indians of the same age.
That will not spare China from suffering the consequences of the demographic slump it engineered. The government ended the one-child policy in 2016 and removed all restrictions on family size in 2021. But birth rates have kept falling. China’s zero-covid policy has made young adults even more reluctant to bear children. The government faces resistance to its plans to raise the average retirement age, which at 54 is among the lowest in the world. The main pension fund may run out of money by 2035. Yet perhaps most painful for China will be the emergence of India as a superpower on its doorstep…
The contrasting demographic dynamics of China and India, and what they might mean: “India will become the world’s most populous country in 2023,” from @TheEconomist.
* attributed to Auguste Comte
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As we ponder population, we might recall that it was on this date in 1829 that the first part of the tragic play Faust by Johann Wolfgang von Goethe premiered. Originally published in 1808, the tale of Dr. Faust’s deal with Memphistopheles is considered by many to be the greatest work of German literature.
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