Abstract

This chapter reviews population trends over the last two hundred years and population projections to the end of this century. In 2100 the world population will have stabilized but its geographical distribution will have substantially changed compared to 2015. The chapter then discusses the five stages of the demographic transition, and different neo-Malthusian and non-Malthusian theories of the relation between population growth and economic development. It emphasizes in particular the effects of rapid population growth on land and resource availability, human capital formation, population quality, the accumulation of physical capital, employment, wages, and income inequality. The effects of rapid population growth rate over a given period were found to change in line with the population size and density at the beginning of the period considered.

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