Economy

Falling fertility rates to create major shifts in economic power

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People with colorful dresses selling and buying goods in a street market in Osogbo, Nigeria at dusk.

Jorge Fernández | LightRocket via Getty Images

Declining fertility rates will likely mean almost every country has shrinking populations by the end of the century, according to a new study, triggering “major shifts” in global economic power.

A new report in the peer-reviewed medical journal The Lancet, published Tuesday, expects the global population to peak at 9.7 billion by the year 2064, with the number of people across the globe forecast to fall back to 8.8 billion by 2100.

The analysis says that improvements in access to modern contraception and the education of girls and women could…



Source cnbc.com

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