Information Economics
In your essay, clearly explain your hypothesis regarding how demography and GDP per capita are related.
Describe the demographic changes over time in China and India in the birth rate and the death rate.
When did the ratio of the working-age population to the non-working-age population peak?
Compare the two countries to each other and to the United States, and discuss whether GDP per capita is associated with changes in demography.
What do Bloom and Williamson (1998) suggest will happen to the ratio of the working-age to non-working-age population throughout the demographic transition?
Based on this, where do you think China and India are in the demographic transition?
