PWC - World Economy in 2050

[COKTOE]

Shadow1980 said:
Should be moved to General or Politics Discussion.

In any case, I do think it is always worth pointing out that population size and growth is a major component of GDP size and growth. If China's population was the same as the U.S.'s, then assuming the same per capita GDP their economy would be only a quarter the size what it currently is, and thus far, far smaller than the U.S.'s. China's population size has stabilized, but their economy is still growing at a decent rate because they continue to modernize and advance, thus driving per capita growth. India's population is both growing (expected to surpass China's by 2030) and as they continue to industrialize their per capita GDP (which is still way behind even China) will increase as well.

Meanwhile, the U.S.'s population is only growing because of immigration. If all immigration to the U.S. ceased, the population would start to slowly shrink, and as a consequence GDP growth would slow considerably. It would still increase because real GDP per capita is still growing, but it's growing slowly because we're already a highly-advanced economy, and developed markets tend to grow slower than emerging markets/new industrialized nations on a per capita basis (Ireland is currently one notable exception as it's an advanced economy experiencing a massive per capita GDP boom).

This is Nintendo territory. I just don't get you guys sometimes. I feel kinda sick. Not X-Games good sick, but sick-sick.