Migration could prevent a looming population crisis. But there are catches

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NPR (27.01.2023) To developmental economist Lant Pritchett, "population decline" is a mild way to describe what could be a global demographic crisis. "The reaction is often 'ho-hum' as the rates [of population decline] are slow and hence the issue seems small and in the future," he told NPR in an email. But the problem is not small, he said, and falling birth rates could upend economies. Last week, China reported population decline for the first time in more than 60 years, raising questions about its future economic growth. Other countries are heading towards a similar fate. Slowing birth rates in the developed world are resulting in aging populations and smaller workforces. But in parts of the developing world, the youth population is still growing, and some countries are struggling to create enough jobs for an expanding working-age population. To economists, migration is the obvious solution. But the political implications could be harder to overcome.

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