Abstract
AbstractThis chapter explores the impact of demographic change on economic growth. It is argued that the interaction of economic growth with population dynamics can create a poverty trap. There may be two clubs: one with low income and high population growth rates, and the other with high income and low population growth rates. Transition between these clubs may be rare, but when it occurs, it does so very quickly, due to the positive feedbacks between growth and demographic change.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
