Finite-time singularity in the dynamics of the world population, economic and financial indices

@article{Johansen2001FinitetimeSI,
  title={Finite-time singularity in the dynamics of the world population, economic and financial indices},
  author={A. Johansen and D. Sornette},
  journal={Physica A-statistical Mechanics and Its Applications},
  year={2001},
  volume={294},
  pages={465-502}
}
  • A. Johansen, D. Sornette
  • Published 2001
  • Mathematics, Physics
  • Physica A-statistical Mechanics and Its Applications
  • Contrary to common belief, both the Earth's human population and its economic output have grown faster than exponential, i.e., in a super-Malthusian mode, for most of the known history. These growth rates are compatible with a spontaneous singularity occurring at the same critical time 2052±10 signaling an abrupt transition to a new regime. The degree of abruptness can be infered from the fact that the maximum of the world population growth rate was reached in 1970, i.e., about 80 years before… CONTINUE READING
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