I did not realize what a great impact population has on economic development until I started reading about countries making policies in regards to their population. Many European countries for example are not putting policies in place to encourage people to have children. I know that the German government provides financial assistance for families with children. On the other hand, as of 2013, China is trying to reduce their population by restricting the number of children families can have.
It's obvious that these countries know fully well that their population levels are impediments to their future success. We can probably infer from all this that too much and too little population are both harmful for economic development.