The economies of the less developed countries are about to face perhaps the greatest challenge in their histories: generating a sufficient number of jobs at reasonable wages to absorb their rapidly growing populations into productive employment. In terms of absolute magnitude, this challenge has...

The economies of the less developed countries are about to face perhaps the greatest challenge in their histories: generating a sufficient number of jobs at reasonable wages to absorb their rapidly growing populations into productive employment. In terms of absolute magnitude, this challenge has...

There is a long-standing debate on how population growth affects national economies. The authors, led by Harvard economist David Bloom, examine the history of this debate and synthesize current research on the topic. They conclude that population age structure, more than size or growth per se,...