The world’s population reached the milestone of 6 billion in 1999 and increases by around 150 persons each minute. In the last few decades, population growth seen in the light of limited natural and economic resources has become of growing concern. Now, at the beginning of a new millennium, questions are arising on what is in store for the world of the 21st century. Population growth is the outcome of three basic demographic processes: fertility, mortality and migration. The demographic transition is referred to as the sequential decline of death rates, and, with a delay, birth rates induced by improvements in socio-economic and environmental conditions. In the developed countries, the demographic transition has already been completed. Thes...