the Asian countries in recent years‚ one facet of their longer-term prospects not often remarked upon is that their population is aging. By 2025‚ the share of the elderly in the population of Singapore‚ Hong Kong‚ Taiwan‚ Japan and South Korea will at least doublem and the share of the young will fall sharply. The ageing of the population will drag down the potential rate of growth as a result of the fall in volume of labor input and the decline of the domestic saving rate. Furthermore‚ it will
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Fertility is the ability to conceive children. Throughout the existence of humanity‚ fertility is what created populations of both animals and humans. Fertility rate is “the number of live births per 1‚000 female population aged 15 to 49 years”(eLearning‚ Fertility and Fecundity). Different countries have different fertility rates‚ which can be caused by different cultural beliefs‚ living conditions‚ wealth‚ etc. Fertility rates have an effect on many things such as the economy‚ politics‚ and culture
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1018-5895/10 www.palgrave-journals.com/gpp/ Insurance Development and Economic Growth* Liyan Hana‚ Donghui Lib‚ Fariborz Moshirianb and Yanhui Tiana a School of Economics & Management‚ Beihang University‚ Beijing‚ China. School of Banking and Finance‚ The University of New South Wales‚ Sydney‚ Australia. E-mail: donghui@unsw.edu.au b This paper investigates the relationship between insurance development and economic growth by employing GMM models on a dynamic panel data set of 77 economies for
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population distribution - defn. economic development S-N migration: Italy‚ 60million in population whereas the Mezzogiorno has 20million. mezzogiorno covers 40% of land and only 35% of the population. Change in population distribution - economic change. 1960’s S.Italy there was out-migration (population decline) towards NIP the North Italian Plain. 1951-1971: 4million people left southern Italy due to push and pull factors... PULL factor: Industrial Triangles in North attracted employment
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Introduction to Economic Growth Economic growth is defined as a positive change in the level of production of goods and services by a country over a certain period of time. With that in mind‚ I must say that economic growth is often desirable for a country as a whole. However‚ one has to acknowledge and able to differentiate between Nominal Economic Growth (NEG) and Real Economic Growth (REG). NEG is derived without considering the effect of inflation whereas REG is calculated based on the effect
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China’s Large Population With the rapid development of science and technology‚ population and development have further become important issues‚ which are the general subjects of international community. By the end of 2008‚ China has reached a population of almost 1.35billion (excluding the population of Hong Kong and Macao Special Administrative Regions and Taiwan Province)‚ accounting for about 21% of the world’s population. China has the largest and one of the densest population in the world
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ASSIGNMENT ON ECONOMIC GROWTH DEFINATION: An increase in the capacity of an economy to produce goods and services‚ compared from one period of time to another. Causes of economic growth: Economic growth does not have a set recipe. it is evident that different countries grow at different rates and for different reasons. Every country economy is build differently. Possible causes of economic growth: * Improvement to the labor force: 1) Improvement to the
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debates of economic policy‚ in France as well as in the principal industrialized countries. In other words‚ all the large industrialized countries will know a considerable ageing of the population during the next decades. In the academic circles and the business press‚ they believe that the ageing of the population will have important effects on the financial markets following the impact awaited on the rates of saving and the request of the fund’s investments. To develop the subject‚ we will initially
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Current statistics indicate that the immigrant and refugee populations in the United States are rapidly increasing. In fact‚ the United States has witnessed the greatest migration in its history with an increase of 44% since 1990 (U.S. Department of Homeland Security‚ n.d.). Estimates indicate that the foreign-born population is 28 million to 31 million (U.S. Census Bureau‚ 2002). This means that 1 out of every 10 people in the United States come from an immigrant or refugee background‚ with 1 in
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What is demographic transition? How can demographics of a country have an impact on its economic growth? Let me first address the first part of this question‚ Demographic transition refers to a change in the development stage of the country as it transgresses from a pre-industrialized era to an industrialized. The major change witnessed in the country will be a distinctive decrease in the birth and the death rates. This transition is illustrated through a demographic transition model
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