Effects of Population Growth of Economic Development in Developing Countries

Authors: Gajjar Trusha Prakashbhai

DOI: https://doi.org/10.17605/OSF.IO/A5X9E

Short DOI: https://doi.org/ggngtb

Country: India

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Abstract: The main aim of this work is to find the effects of rapid population growth on economic development in India. Economic development involves rise in the level of production in an economy along with the advancement of technology, improvement in living standards and so on. This is very important because India is second most populated country in the world. Population growth is closely tied to economic development. On the one hand, labour shortages will slow the rate of economic growth in industrialized countries, but on the other hand, a high birth-rate in a developing country may stress limited renewable resources. Economic development is measured by upward movement in real income. high population growth is not good for economic development as its result are like reduce employment, reduce rate of capital formation, require high investment, food problem, Agriculture problem, adverse effect on GDP, poverty and many more. Sometimes population growth has inverse effects on societies include economic benefits such as expansion of tax based, innovation and increased consumer spending at local businesses. Population growth. This paper presents the negative and positive effects of population growth on economic development in developing counties. This study is based on secondary data and its help to know basic adverse effects of high population in underdeveloped county like India.

Keywords: Population, Growth, Economic Development, Underdeveloped Countries

Paper Id: 156

Published On: 2017-03-16

Published In: Volume 5, Issue 2, March-April 2017

Cite This: Effects of Population Growth of Economic Development in Developing Countries - Gajjar Trusha Prakashbhai - IJIRMPS Volume 5, Issue 2, March-April 2017. DOI 10.17605/OSF.IO/A5X9E

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