For the last decade, overpopulation has been considered a major threat to global resource consumption. However, today, the greater risk may be a world with too few people. Previously, there was the assumption that population growth would continue, followed by the labor force and output expanding. Nonetheless, the global economy is now facing the ever-pressing […]
Tag: GDP
The AIIB: China’s Economic Evolution
According to the International Monetary Foundation (IMF), the economies of the Asia-Pacific region are growing rapidly, and are expected to account for almost half of global GDP by 2030. However, sustainable, long-term economic growth requires a sound infrastructure network to facilitate the transportation of ideas and goods in the increasingly connected global economy, yet the […]
Minegolia: The Resource Curse
In 2011, a sparsely populated Central-East Asian nation rose to international prominence as the fastest growing economy in the world, with a monumental 17% growth rate in GDP. Yet, in as little as three years, growth in Mongolia has come crashing down to 5.3% amidst growing economic uncertainty and increasing inequality. What was behind this […]