The Peter Zeihan Podcast Series - Can High Birth Rates Solve Demographic Problems for Young Countries? || Peter Zeihan

Episode Date: April 10, 2024

I often talk about the importance of demographics for countries, but do high birth rates always equate to population growth? Full Newsletter: https://mailchi.mp/zeihan/can-high-birth-rates-solve-de...mographic-problem

Transcript
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Starting point is 00:00:00 Everyone, Peter Zine here coming to you from Colorado. We're taking a entry from... Oh, lost a limb in the start. Anyway, we're taking an entry from the Ask Peter Forum. It leads to demographics. The question is I talk a lot about declining demographics and the impacts that's going to have. But what about countries that have sky high birth rates?
Starting point is 00:00:23 Is this a good? Is this a bad? Is this another thing? The two that come to mind are Yemen and Nigeria, both of which have birth rates that are just ridiculously. high. How sustainable is this? What's the impact? Good question. I generally look at birth rates when I'm looking at more advanced economies where the industrial technologies have been in place for decades. When you're talking about the quote younger economies where industrialization is more recent, there's a couple other statistics you need to look at. The first is infant mortality and especially
Starting point is 00:00:55 child mortality under five years of age. See how likely is it that a child who's born is going to make it to five? And then second is life expectancy overall. You see, what happens when a country starts to industrialize is they don't just get concrete and pavement and buildings and rebar and electricity. They also get vaccines and medical care. And this drastically decreases the death rate among the young and drastically increases the average age of mortality among the older folks. So what we're seeing in Yemen and especially in Nigeria is a steady inroads of these new technologies into the population. So it's not just that the birth rate is high. Oftentimes for these countries that are early in the early industrializing period, the birth rate is very high. The question is whether or not the children survive, and then the question is whether the adults survive.
Starting point is 00:01:46 So take the example of China. From roughly 1985 until roughly 2015, the population doubled. But almost all of that population increased. wasn't from organic birth rate, it was because people lived longer. The lifespan basically doubled in that same period. Now, these gains are real. These people are more productive, but you only get those sorts of gains once. And now that China has basically wrested all of the gains in longevity, it can't out of the system, because they're coming against the upper level of what humans are capable of today, there's no one to replace them. So even if nothing goes wrong in the system,
Starting point is 00:02:23 no financial crisis, no war, no agricultural crisis, you're still looking at a high. population collapse because people can't live any longer than they are. And for the last 50 years, people have not been having children. So that inverted funnel at the bottom just goes up and sucks away the entire population. Yemen and Nigeria at a much earlier state of this process, there's nothing to say that they're condemned to the Chinese end result. But keep in mind that in the case of these two countries in particular, most notably Yemen, that all of the technologies that allow them to live longer come from a different continent. And so if anything happens to international trade, you should expect infant mortality to shoot up and life expectancy to collapse,
Starting point is 00:03:02 and then they just get sandwiched in between. It's not nearly as dark of a story as what we've got going on in China, but it's not exactly a great one. If you're going to have life expectancy, and if you're going to have infant mortality be positive aspects on your society, you need to be able to be sure that you can produce the technologies that allow it to happen in the first place. Otherwise, you're just as dependent on the rest of the world as if you imported 100% of your Well.

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