THE IMPACT OF RAPID POPULATION GROWTH ON THE ECONOMIES OF DEVELOPING COUNTRIES
Abstract
According to various studies, in the near future, population growth will occur in developing countries. While some experts assume that population growth is an issue for the developing countries, others consider it a natural process that does not impede economic development of those countries. The significant issue is whether rapid or steady population growth would lead to additional burden for a developing country's economy. The government expenditure for the establishment of new workplaces, healthcare, social welfare, and education might increase. If economic growth is slower than population growth, unemployment and poverty rate consequently increases. The population change is basic information for policymakers who create policies for development, economics, demographics, social planning, business, human resource management. In addition, population change is one of the main factors behind social and technological shifts all over the world. This study attempts to find answers to several questions. In general, the main question is how population growth affects developing countries, such as Uzbekistan, in terms of the economic situation, implemented policies, and the determination of whether the government can support population growth. This study similarly discusses family planning or birth restriction as forms of solution to the problem. The analysis shows that even though the world's population is growing, the growth rate is sharply declining – and the situation in Uzbekistan is not an exception. Our main conclusion is that population growth is an economic problem but can also be a factor to boost a country’s economy. In addition, according to UN estimates, the population of Uzbekistan will reach its peak in 2048 and then begin to decline. Therefore, one of the statements in the study is that limiting population growth can lead to bad outcomes, for instance, a decrease in the birth rate. Family planning also refers to measures that may have a negative effect on future population changes. Population change is a natural process that is regulated naturally through the course of the circumstances in a society. Increasing the economic role of women of reproductive age in society also may lead to declining fertility.Keywords
Population change, rapid population growth, family planning
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