Thursday, November 11, 2010
Population growth? How will effect the poverty rates.
As we learned in class, population growth has an effect on the overall growth per worker output of an economy. If a country growths to fast in population and does not have the capital to support it, there will be a drop off in income of everyone in the total economy. That is why the Philippine government is taking steps to curb population growth by making there citizen's aware of family planning methods. From the article we read we learn that it is very controversial for government action like this in a conservative society. But do you think this is necessary for the overall benefit of the country?
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Well clearly if the population is growing at an increasing rate then this is going to have a detrimental impact on the output per worker. However, the Philippine goverment could just as easily look into the route of increasing the capital stock perhaps through advancement in technology?
ReplyDeleteIt seems like the One Child Policy worked in China-as it is now growing at a fantastic rate-so if the Phillippines have no other option but to use a policy like this it might be very helpful for them. I agree with the above comment that they should probably try their best to increase capital but in dire situation it will help them in the long run!
ReplyDeleteIt seems to me that government intervention in population growth is becoming a trend in Asia: China with its 'One Child Policy', Japan encouraging more children, and now the Philippines curbing population growth. Where else has this occurred? (not rhetorical, I really want to know)
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