Does having a huge Population,like India & China,has its advantages also ?
The biggest advantage that India and China have over other countries is their population, that too when these economies are about to take off. While across the world most developed countries are experiencing stationary growth rates, or negative growth rates (Japan, Russia) or whose fertility rates have almost reached replacement level ……it has resulted in labour loss, increase is aged population who are basically consumers and not producers and a burden on state for providing social security, low on tax payment and contribution to production of wealth. While on the other hand these countries like china and India are young -with a broad base of population in younger ages…which will provide labour for economic take off in their own countries as well as migrate to other countries like UK, USA, and other developed countries (which is already happening) and bring wealth back into the country as remittances. Thus having huge populations backed with strong economic growth, cultural infr