The McKinsey Global Institute just published an important report – Dependency and Depopulation? Confronting the Consequences of a New Demographic Reality. It details how falling fertility rates and increased longevity are now reshaping global population.
The world is sleepwalking towards certain social upheaval precipitated by decades-long falling birth rates, unless we take urgent action.
To keep population numbers constant each woman should give birth on average to 2.1 children – the replacement fertility rate. Falling fertility rates are now propelling the big world economies towards population collapse this century. Two-thirds of humanity now lives in countries with birth…