The current economic crisis shaking the global economy has prompted many nations to review their economic policies to cope with the challenges of minimizing the impact of recession brought about by instability of securing markets, associated demand and questionable production supply and raw materials. As it stands, the world’s leading nations are in trouble of entering an even greater crisis brought about by. It must be understood that the resources that are provided are finite in relation to the needs and wants of human beings.
This mismatch is a problem that must be dealt with immediately and effectively because if this is allowed to continue there will not be enough for everyone and the basic needs for survival cannot even be provided adequately. A quick look at the world population reveals that while global economies are reeling from one economic uncertainty to the next, the need for goods and services of their respective populace are increasing as rapidly as their population increases and matures.
Putting this in the context of Maslow’s Hierarchy of Needs an upward pressure is placed upon the demand for the basic necessities such as food and natural resources and the aspiration for self-actualization becomes more and more undeniable. This brings to mind the fact that as long as there is poverty, peace is hardly attainable; and if governments do not secure the basic needs, peace and stability may never become a reality (Issit 2).
From this, it is clear that there is an urgent need for the governments all over the world to curb if not control the growth of their respective populations. The first reason is because of the enormous strain that this is putting on the world’s resources could trigger over inflation (Issit 2). This can be best explained by a simple supply and demand model. When there is a shortage of supply and the demand for the good remains constant. This simply means that there is less of the good that is available and the same number of people wants the good.
This can be likened to a bidding war where there is only one item and people offer the seller as much as they can to be able to attain it thus raising the price and eliminating all those who do not have enough resources to compete. Conversely, when there is an oversupply and the demand remains constant, the equilibrium price falls. Analogous to this would be the growth of the population and the increase of demand with the supply remaining the same or even decreasing.
As such, if the governments are unwilling or unable to deal with the problem there could be widespread hunger and not amount of welfare or government intervention would then be able to alleviate the situation for it would already be too late (Issit 2). This concern comes on the heels of the recent UNESCO report showing that while the world is recovering from crisis it still has not addressed the fact that more and more individuals are suffering from hunger and unemployment.
The recent studies on population growth reveal that in the next couple of years the increase of human beings per country will exert so much pressure on the demand for natural resources and on the environment that it will cost more to feed each person than it ever has. With there being to emphasis on plans for rehabilitation or a move to more sustainable methods, it remains to be seen whether or not the world will be able to recover from the damage that is projected to be caused.
The second reason is because of the fact that the population of the world is growing at a very rapid pace, most especially in the developing countries. As can be seen in the graph below, the exponential increase in population without the corresponding increase in food supply will lead to an imbalance. The graphs presented above indicate the population growth trend for the next 50 years. Based on the data, it is fairly reasonable to predict that the world population will reach 7 billion between the year 2012 and 2015. Consider the following figures: 1 billion was reached in 1802.
2 billion was reached 125 years later in 1927. 3 billion was reached 34 years later in 1961. 4 billion was reached 13 years later in 1974. 5 billion was reached 13 years later in 1987. 6 billion was reached 12 years later in 1999. The population growth rate for the world has no longer been growing exponentially as it did in the past two centuries. Given that it took 13 years to get from 4 billion to 5 billion and another 12 years to reach 6 billion, it is safe to assume that the figure of 7 billion will be attained in the next 12 years or so.
The relevance of these figures is better appreciated in the context of the statement that “In a market economy, food flows in the direction of economic demand. ” As the world increases in population, developed countries will find themselves competing with other nations for these limited resources. In order to attain and maintain a certain level of economic prosperity it becomes necessary to gain control and access to these natural resources. The third reason why governments should reduce or at least control the population growth is because of the ecological damage that this could do.
As previously mentioned, the world’s current resources are not distributed well enough as to adequately meet the needs of more than one third of the world’s population (Issit 2). This inequity is causing all sorts of environmental and ecological problems because it can no longer be supported. In the interests of creating a more progressive and sustainable environment, governments should reduce the burden that the environment has to bear. The growth and development of the world’s economies lies in implementing responsible practices.
It is simply no longer enough for countries to assert that they, as individuals, have responsible consumer practices because this is not a local problem but a global problem. As such, the solution is global in effect but local in application. In order to be able to guarantee that future generations will have the resources needed to ensure their survival, governments need to work together to control population growth. The vigilance of each of these governments is needed to ensure that there will be a tree for the future and that there will be food for the next mouths to feed.
With the world’s population increasing at an alarming rate, the greatest challenge will lie in educating the next generation that the trick to guarantee the survival of the human race is not through procreation but through conservation and preservation. Works Cited: Evans, Karin (2001) The Lost Daughters of China (Paperback) Tarcher Publishing. 288 pages. English. ISBN-10: 1585421170 ISBN-13: 978-1585421176 Issit, Micah (2008) Counterpoint: Controlling Population Growth is Essential Points of view: Population Growth; 2008, p3-3, 1p ISBN: 1-4298-2321-6 Accesion Number: 286753Sample Essay of Paperial.com