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Fewer, Richer, Greener: The End of the Population Explosion and the Future for Investors

Laurence B. Siegel
Financial Analysts Journal
Vol. 68, No. 6 (November/ December 2012), pp. 20-37
Published by: CFA Institute
Stable URL: http://www.jstor.org/stable/41714293
Page Count: 18
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Abstract

The population explosion is almost over, with fertility below the replacement rate in many advanced countries and rapidly declining in most developing countries. In the next half century, economic growth will be robust, especially in developing countries, and will increase world wealth dramatically. These factors will make it easier, not harder, to preserve the natural environment and avoid resource shortages. Investors should focus on natural resources and other industries that will benefit from these trends.

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