Comment: Immigration and Schrumpf-Gesellschaft -
The Slate reports on yet another study that shows that the world population shrinkage that has been plaguing the developed countries is spreading across the globe. The world population is expected to peak at around 9 to 10 billion and start falling. This has profound implications for societies and for global immigration.
Germans, who are at the forefront of this global trend, have already a name for it: Schrumpf-Gesellschaft, or “shrinking society.” Fertility of much of Europe has fallen far below the 2.1 live births per woman required to maintain population equilibrium; Germany is at 1.36 . At this rate, the population of Western Europe will shrink from 460 million to just 350 million by the end of the century - Russia and China will fare even worse, losing half their populations. Countries with traditionally high fertility have been dropping in fertility even more precipitously: From 1960 to 2009, Mexico’s fertility fell from 7.3 to 2.4 and India’s fell from 6.0 to 2.5 - both poised to fall below the magic 2.1 number soon. Historically, when the fertility rate of a country falls below the replacement level, the migration out of that country reduces to a trickle.
The reduction in total population is accompanied by a dramatic change in the composition of the population: a massive increase in the elderly population, and a massive reduction of working age population. Within a decade, the demand for working age people across the world will rise in a crescendo. Countries will have to compete with each other to attract immigrants from a shrinking pool of countries which will still have outflows of population. $100,000 offered by Australia, Germany, Japan, Canada or even the U.S. to any young person agreeing to accept their citizenship is not too far-fetched a scenario in the not so distant a future.
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Focus: The EB-5 Summit For Attorneys and Developers - Discount Registration
The EB-5 Summit For Attorneys and Developers will be held on Friday, February 1, 2013 in Miami, FL. Speakers will include David Appel, Edward Beshara, Boyd Campbell, Estelle McKee, Clifford Morris, Sam Udani, and Others To Be Announced. The curriculum is as follows:
- Lawfully Advising on Project Choices
- Economist Issues: TEAs, Job Creation Models, Tenant Occupancy Issues
- Developing the 924 Petition
- 526 Petitions and Source of Funds Issues
- 829 Petitions and Documenting Job Creation
- The Regional Center Viewpoint
- Current Trends In Finding Investors
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