China’s falling population & global population update - EP174

<p>The world’s population keeps growing and passed 8 billion in late 2022, but China’s population is now falling. There are concerns over what that means for its economy and the wider global economy. Is Paul Krugman right that a falling population means a weak Chinese economy? Show host Gene Tunny and his colleague Tim Hughes discuss the possible implications of a shrinking China, as well as global population projections out to 2100. The conversation touches on the environmental impact of a growing population and how well-placed we are to manage environmental challenges.    </p><p>Please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored">https://www.speakpipe.com/economicsexplored</a>. </p><h3>What’s covered in EP174</h3><ul><li>The world’s population is on the rise and passed 8 billion in November 2022 [4:24]</li><li>Why post-war population growth was so strong [7:43]</li><li>What does a declining Chinese population mean for the Chinese and global economies? [14:09]</li><li>The importance of immigration in Australia population growth [19:27]</li><li>How the world’s population will eventually level out  toward the end of the century [23:35]</li><li>Can governments solve environmental challenges? Discussion of the hole in the ozone layer and the Montreal Protocol [30:09]</li><li>Paul Krugman vs Dean Baker on the future of China [42:07]</li><li>Tim asks how do you maintain a growth mindset in a declining population? How do you make it work? [47:25] </li><li>Will demographics and a weaker economy bring down the Chinese administration? [53:06] </li></ul><h3>Links relevant to the conversation</h3><p>UN World Population Prospects 2022 data</p><p><a href="https://population.un.org/wpp/">https://population.un.org/wpp/</a></p><p>Paul Krugman’s article “The problem(s) with China’s population drop”</p><p><a href="https://themarketherald