Dear MEL School’s Topic Readers,
Billionaire investor:
Russia faces demographic disaster
People, not the land? An
interesting analysis was made by a billionaire why Russia has been so aggressive
in expanding its realm. He says they need people besides or beyond the land
because the country is losing its population at a pace faster than most other
countries.
In fact, Russia’s
population in 2015 is roughly 140 million. According to the projection by UN,
the population is going to drop to around 127 million in 2035, about the
population of present Japan, nearly a 10% decrease from this year. And it’s
expected to go down to 117 by 2050. Moreover, when a nation’s population is shrinking,
its core demographic is aging rapidly like other industrialized countries,
losing workforce while adding more pensioners.
How can the chief of the
federation change the downturn course? Encourage his people to make more
children while discouraging them to drink excessively and smoke heavily? When
the economy is performing poorly because of the energy prices, he won’t be motivated
to introduce any unpopular policies because Russia is still a democratic
country. So what does this ex-KGB-turned-politician have in his mind?
Enjoy reading and learning
what a prominent investor thinks Russia’s boss is up to.
No comments:
Post a Comment