🌍The global population is projected to peak at around 11 billion, with Africa and the Middle East experiencing rapid growth while China and many Western countries face population decline.
⬇️Many countries, including East Asia, Southeast Asia, South Asia, the Middle East, and Latin American countries, have below replacement fertility rates.
👥A shrinking and aging population presents challenges in supporting an elderly population and retraining a gray labor force.
🏗️Population decline has implications for social policies and calls for lifelong learning to skill and train a decreasing labor force.
👨👩👧👦The decline in births and marriages and the withering away of the extended family pose social and existential challenges.