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A close look at this situation shows that many of these overpopulated nations mostly in Africa and Asia are underdeveloped. While these underpopulated nations are economically buoyant. I think the reason for the poverty of these developing nations is not the population but bad governance and the inability to maximize and distribute available resources equally. We cannot deny the fact that these overpopulated nations are economically important to these developed nations in terms of human resources. And they contribute immensely to the development of these first-world nations in terms of cheap labour.
How do you think these developed nations will fill vacancies in their nations and get cheap labor if the population of these developing nations is reduced?
Population greatly influences a country's economy, with the increasing development of technology, developed and developing countries that have a population shortage do not need to worry about labor, they can ask for productive labor from other countries, and also use technology. Apart from the two above, developed and developing countries can also employ women to fill the shortage of slots in each employment sector.
On the one hand, it can really help the economy if the population has the potential to work and if the population cannot work, of course this becomes a burden for the government because they need to train their people to be able to work so that people's purchasing power increases. I think this can help the country's economic growth.