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per capita GDP goes up, that simple.
Let’s say your real GDP is growing at 3% annually, and your population growth is also 3%. After 5 years, the per capita GDP will be teh same as it is today. But if your population growth shrinks to 2%, you will have a much higher per capita GDP. They are not talking about overall economic growth, rather a relative measure of it.

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This is in line with the classical population growth theory, no?

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No, I think that one is the dismal science theory, which looks at population growth as a detriment, but here this is looking at low population.

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上一主题:Q35 R29 - economic profit
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