The demographic future of the planet has rarely been as questioned as it is today. For much of the 20th century, the demographic transition theory provided a clear narrative: With modernization and development, populations move from high mortality and fertility to low mortality and fertility, and demographic projections could be safely extrapolated from that trajectory. Today, by contrast, most people live in countries that have already completed this transition, as fertility has fallen below replacement levels—the number of children needed per woman (about two) to keep a population stable over time—across much of the globe. As a result, migration and, to a lesser extent, longevity have become central to population change. We are entering a post-transition world in which the tools and theories that served demography so well are under strain—especially when it comes to anticipating future fertility.
