I think this is a great article. Some of the changes that are expressed by the author are already being experienced in India where population growth has slowed down a lot since 2000, labour rates are soaring and capital is becoming scarce. I would like to add a factor why people are producing less no of children even in rural India i.e. land holdings are becoming smaller and as a result parents want to have less children so that their meager land holdings are not endlessly divided among siblings after their death.
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Population Decline And The Great Economic Reversal
I think this is a great article. Some of the changes that are expressed by the author are already being experienced in India where population growth has slowed down a lot since 2000, labour rates are soaring and capital is becoming scarce. I would like to add a factor why people are producing less no of children even in rural India i.e. land holdings are becoming smaller and as a result parents want to have less children so that their meager land holdings are not endlessly divided among siblings after their death.