Below you can see one major catalyst of this change, which is the peaking (and then falling) population growth rate:
Why has population growth been dropping since the 1960s?
A variety of explanations factor into this, including:
- Falling fertility rates:
Birth rates tend to fall as nations get richer. First, this happened in the developed world, but as the century progresses this phenomenon will impact more and more developing nations.
- Government policy:
China’s “One Child Policy” in particular had an effect on global population growth, and the aftermath of the policy is still contributing to a shrinking Chinese population over the long term.
- Rural flight
Urban dwellers tend to have fewer babies – and by 2050, there will be an additional 2.5 billion peopleliving in cities globally.