The UN does what what it does
best, issue press releases;
The current world population of 7.3 billion is expected to reach 8.5 billion by 2030, 9.7 billion in 2050 and 11.2 billion in 2100, according to a new United Nations report, "World Population Prospects: The 2015 Revision....
Says the UN: Most of the increase will be in nine countries; India, Nigeria, Pakistan, Democratic Republic of
the Congo, Ethiopia, Tanzania, Indonesia, Uganda, and the USA. Well, let's check in with the former President of Mexico, Ernesto Zedillo, writing from Yale
Even with the rapid
growth of the last 15 years, vast numbers remain unemployed in Africa.
This will only get worse as growth slows considering millions of young
people will enter the labour market each year. The continent also still
confronts extremely high poverty rates.
Five of those predicted high population growth countries are in Africa.
African countries, the informal sector generates half of national
output, 80% of total employment, and 90% of new jobs. This is a problem
for countries’ economic growth potential, productivity, quality of
employment, income distribution, and fiscal revenues.
Of course, a politician always worries about government revenues, but;
Those in the
informal sector are either self-employed or working in business units
with very few people. When marginalisation from the legal system is
combined with small size, the results are lack of legal identity, little
or no capital, isolation from formal sources of credit and technology,
and very limited markets, all resulting in very low productivity.
More people with low productive capacity into the world. That seems to be a recipe for trouble. Unless those countries change the way they do things (as China and India did). I.e., less socialism, more free exchange.