Submitted by candymannequin t3_ydb3qp in explainlikeimfive
BillWoods6 t1_its90wu wrote
Reply to comment by nednobbins in Eli5: I don't understand why there seems to be a general consensus that gdp will continue a trend of growth, and why this would be beneficial, considering the cyclical nature of economies and empires rising and falling. Isn't economic downturn on some level unavoidable or even beneficial? by candymannequin
> ... the world population has increased by nearly 100x since then and growth seems to be accelerating rather than slowing down.
It isn't.
> Peak population growth was reached in 1968 with an annual growth of 2.1%. Since then the increase of the world population has slowed and today grows by just over 1% per year.
Ironically, 1968 is also the year The Population Bomb was published.
> By the end of the century – when global population growth will have fallen to 0.1% according to the UN’s projection – the world will be very close to the end of the demographic transition.
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