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The hidden phenomenon nobody sees that will impact the world economy
๐Ÿ‡ฆ๐Ÿ‡ท Argentina /Economy & Trade

The hidden phenomenon nobody sees that will impact the world economy

From La Naciรณn · (2d ago) Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

TLDR

  • Global population growth is slowing, with projections indicating deaths will outnumber births around 2090 and stabilization by 2050.
  • Aging populations and declining birth rates are evident in countries like China and Western Europe, impacting economic productivity.
  • Argentina faces similar demographic trends, with experts predicting a population cap around 50 million, necessitating high productivity and potentially immigration to maintain influence.

The world is on the cusp of a profound demographic shift, a hidden phenomenon that will reshape the global economy. While current global births stand at 145 million and deaths at 70 million, a clear trend of aging populations and increasing mortality rates is emerging. Projections from the UN suggest that by 2090, deaths will surpass births worldwide, leading to a stabilization of the global population around 2050.

This demographic transformation is already visible in nations like China, which, after years of strict one-child policies, is now grappling with an aging workforce and the need for a highly productive economy. Similarly, Western Europe exhibits very low population growth rates, with countries like Germany and France hovering around 0.3% growth, far below the 2.1 births per couple needed to maintain a stable population.

Argentina is not immune to these global trends. Experts predict the country's population will plateau around 50 million, a stark contrast to its past aspirations of global influence. To navigate this new reality and potentially regain its standing, Argentina must foster a highly productive and orderly economy, possibly supplemented by strategic immigration. The challenge lies in adapting to an aging demographic while striving for renewed national significance.

DistantNews Editorial

Originally published by La Naciรณn in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.