Impacts of a Shrinking Population on the Global Economy: What to Expect | Business and Economy

Over the next 25 years, falling fertility rates are predicted to result in a significant demographic shift. Some experts have even referred to this trend as a potential demographic catastrophe. The Lancet medical journal has issued warnings that many countries around the world do not have a high enough fertility rate to maintain their population size by the end of the century. This decline in births is not uniform, as some developing nations are experiencing a baby boom.

The potential consequences of this demographic shift are vast, impacting society and the economy on a global scale. The rapid population growth that has occurred since the industrial revolution has put immense strain on the Earth’s finite resources. As birth rates continue to drop, questions arise about how this will affect the economy moving forward. Governments in both the United States and the European Union are taking steps to regulate tech monopolies as the industry boom continues.

One positive outcome of these changes is that the gender gap in the tech industry is narrowing. As more attention is being paid to diversity and inclusion, opportunities for women in the field are expanding. These shifts in demographics, economics, and technology are shaping the world we live in and will continue to do so for years to come.