MALTHUSIAN POPULATION THEORY AND TETE NTCERTAN ECONOMY: A POLITICAL ECONOMY APP ROACH

Date

2014-09-02

Journal Title

Journal ISSN

Volume Title

Publisher

Department of banking and finance, nasarawa state university keffi

Abstract

Malthusian population theory was developed as a result of the rapid population growth rate and diminishing return in agricultural sector. Malthus observed geometric ratio growth in population via-a-via arithmetic ratio growth in Overproduction and envisaged world "misery ” or "vice” if not checked. Subsequent development in the world however, proved the theory wrong. But this work discovers that the predicted doom of population theory is manifesting in Nigeria - rapid population growth rate, food crises, large scale poverty, ethnic and religious conflict, HIV/AIDS epidemics, etc. Although, the aforementioned are in line with the theory's predictions, Nigerian government operational modes favors these manifestations over the years. The work therefore, recommended that the judicial arm of government be made more efficient at law-enforcement, education sector be given appropriate budgetary attention to subdue poverty, diseases and health care predicaments. Thus, codeine that although, the theory is looked upon as primitive and wrong, the forecaster melancholics still exist in the 21st century Nigeria.

Description

Article

Keywords

Population, Political Economy, Economic Growth

Citation

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