WORLD ECONOMIC THOUGHT: MALTHUSIAN SCHOOL AND OUR DAY

Abstract

The UN report published about 6 years ago offered a forecast of global population dynamic for a few next decades, it states that by 2050 the population of the planet will reach 9,1 bn at the same time the situation on foods market will deteriorate due to a sharp increase in the majority of agricultural produce prices. Prominent economists, politicians and journalists preoccupied with the problem of natural resource shortage start paying attention to the ideas of the British economist Thomas Malthus who lived on the border of the 18th - 19th centuries. The author analyzes the causes of the drastic condition of the Third World countries and studies ideas of neo-Malthusians about the fact that population of these countries are doomed to poverty due to high growth in population.

Keywords

• neo-malthusians
• world economic growth
• history of economic thought