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Fertility trends interact closely with per capita income growth, life expectancy and education. Comparing a country's total fertility rate with the United Nation Human Development Index (HDI) testifies to the interaction.
The HDI Index has 3 components:
We note that the value of fertility rates comes at about 0.80 on the HDI index. Many of the factors affecting fertility may now be better understood thanks to the ambitious and successful efforts by the World Bank and the U.N. to compile data on, not only population growth, but also education and trade.
The proportion of girls in secondary school significantly effects fertility, as depicted in Figure 2-5 .
Growth that elevates people out of poverty plays an important role as well. See Figure 2-6 .
However, even though fertility has been sharply declining worldwide, world population, especially in emerging nations, will continue to grow for a few more decades, even if worldwide fertility rates were to fall to the replacement rate (2-1 children per female).
This will be because of the momentum factor, which is due to the fact that today's children outnumber their parents because of past high (but declining) fertility, will become tomorrows' parents. For a full examination of the momentum factor, see Dwight H. Perkins, Steven Radelet&David L. Lindauer (2006), Economics of Development (6 th edition), New York, NY: W.W. Norton&Co. This pattern is starkly evident in Vietnam, where the percent of the population aged 30 and less is almost double that of the population cohort above age 50. In Vietnam and many Latin American nations, for example more and more young people born in the past two decades are beginning to enter their reproductive years. This group is expected to account for 80% of the world population growth over the next few decades.
My own view, based on almost fifty years of research and service in emerging nations, is that there are five prime factors in the recent striking decline in fertility in developing nations:
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