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Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy

Jeffrey E. Garten

Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy

HarperCollins, New York, NY, 2021,
448 pp., $23.99

“Demography is destiny” is an oft-cited phrase that suggests the size, growth, and structure of a nation’s population determines its long-term social, economic, and political fabric. The phrase highlights the role of demographics in shaping many complex challenges and opportunities societies face, including several pertinent to economic growth and development.

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Nevertheless, it is an overstatement to say that demography determines all, as it downplays the fact that both demographic trajectories and their development implications are responsive to economic incentives; to policy and institutional reforms; and to changes in technology, cultural norms, and behavior.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam dignissim velit felis, vel mattis justo feugiat vel. Mauris viverra nisi non neque maximus blandit. Etiam efficitur lacus nec arcu iaculis tristique. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae; In convallis rutrum sem ac ultrices. Nam efficitur ac dui in faucibus. Integer dictum diam ut magna dignissim, id elementum ex viverra. Pellentesque non accumsan orci. Aenean posuere quam orci, in mollis eros tincidunt a. Phasellus lobortis sodales vehicula. Praesent sollicitudin purus in metus faucibus, maximus luctus justo vehicula. Maecenas mauris eros, aliquam non dapibus non, euismod eu augue.

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Population growth

It took more than 50,000 years for world population to reach 1 billion people. Since 1960, we have added successive billions every one to two decades. The world population was 3 billion in 1960; it reached 6 billion around 2000, and the United Nations projects it will surpass 9 billion by 2037. The population growth rate has been slowing, however, from peak annual rates in excess of 2 percent in the late 1960s, to about 1 percent currently, to half that by 2050.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam dignissim velit felis, vel mattis justo feugiat vel. Mauris viverra nisi non neque maximus blandit. Etiam efficitur lacus nec arcu iaculis tristique. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae; In convallis rutrum sem ac ultrices. Nam efficitur ac dui in faucibus. Integer dictum diam ut magna dignissim, id elementum ex viverra. Pellentesque non accumsan orci. Aenean posuere quam orci, in mollis eros tincidunt a. Phasellus lobortis sodales vehicula. Praesent sollicitudin purus in metus faucibus, maximus luctus justo vehicula. Maecenas mauris eros, aliquam non dapibus non, euismod eu augue.

Population growth

It took more than 50,000 years for world population to reach 1 billion people. Since 1960, we have added successive billions every one to two decades. The world population was 3 billion in 1960; it reached 6 billion around 2000, and the United Nations projects it will surpass 9 billion by 2037. The population growth rate has been slowing, however, from peak annual rates in excess of 2 percent in the late 1960s, to about 1 percent currently, to half that by 2050.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam dignissim velit felis, vel mattis justo feugiat vel. Mauris viverra nisi non neque maximus blandit. Etiam efficitur lacus nec arcu iaculis tristique. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae; In convallis rutrum sem ac ultrices. Nam efficitur ac dui in faucibus. Integer dictum diam ut magna dignissim, id elementum ex viverra. Pellentesque non accumsan orci. Aenean posuere quam orci, in mollis eros tincidunt a. Phasellus lobortis sodales vehicula. Praesent sollicitudin purus in metus faucibus, maximus luctus justo vehicula. Maecenas mauris eros, aliquam non dapibus non, euismod eu augue.

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