GDP growth with shrinking population
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Kai Neumann (#1) has provided a description of the model with the iMODELER Presenter.
Description
This model was developed as a reaction to a science meeting where the participants univocally doubted the potential for GDP growth in Germany with the prospect of a shrinking population. While I might criticize the concept of a GDP and see a lot of reasons for a shrinking economy I doubt that a shrinking population inevitably has to lead to a shrinking GDP. But see my arguments in the model and tell us what you would change or even better make the changes directly in the model via the collaborative link.
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