In the past almost forty years ago, Asia was one of the most densely populated continents in the world. Observers could not imagine of economic development in such regions but adoption of good policies led to reduction of population that has led to economic development in Asia. The change in Asias population through reduced child bearing affected greatly economic growth. This was achieved because resources were distributed evenly among little population, the rate of dependence was low, people were encouraged to save and invest, and supply of labor by women.
Development opportunities brought about by population change in Asia
Control of population in Asia led to rise in economic activities that led to development opportunities such as increased investments, high rates of savings and high levels of education. Reduced rate of dependence between the working age group, children and elderly led to high levels of investment and savings. Investment and savings led to increased capital per worker thus this led to economic development (Michael, n.d.). Women were given opportunity to work in manufacturing factories leading to creation of wealth. Education is another development opportunity that resulted from population change.
Policy lessons learned from Asia
Asia has developed to the level it is now because of population change through use of policies to control its population. According to the book The Future of Population in Asia, other nations can apply policies of family planning to control population for better economic development. Another lesson is that, fertility level can be used to develop age structures that are used to measure the level of development in a given economy. Fertility is measured by total fertility rate and crude death rate, therefore for a nation to develop it must put into consideration these two elements o life (Michael, n.d.).
Development opportunities brought about by population change in Asia
Control of population in Asia led to rise in economic activities that led to development opportunities such as increased investments, high rates of savings and high levels of education. Reduced rate of dependence between the working age group, children and elderly led to high levels of investment and savings. Investment and savings led to increased capital per worker thus this led to economic development (Michael, n.d.). Women were given opportunity to work in manufacturing factories leading to creation of wealth. Education is another development opportunity that resulted from population change.
Policy lessons learned from Asia
Asia has developed to the level it is now because of population change through use of policies to control its population. According to the book The Future of Population in Asia, other nations can apply policies of family planning to control population for better economic development. Another lesson is that, fertility level can be used to develop age structures that are used to measure the level of development in a given economy. Fertility is measured by total fertility rate and crude death rate, therefore for a nation to develop it must put into consideration these two elements o life (Michael, n.d.).
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