Demographic Dividends: Emerging Challenges and Policy Implications

Demographic Dividends: Emerging Challenges and Policy Implications PDF Author: Roberta Pace
Publisher: Springer
ISBN: 3319327097
Category : Social Science
Languages : en
Pages : 184

Get Book

Book Description
This book examines potential economic opportunities that countries can experience when fertility rates fall and the average life expectancy of the working age population increases. It presents detailed demographic and economic analysis of middle-income countries throughout the world in order to show how these countries can take advantage of this demographic bonus. The book first traces the common link between policies that contribute to fertility transition as well as create the right kind of environment for reaping the benefit of demographic dividend. Next, it explores different countries and regions who are at different levels of development. It assesses the long term impact of gender equality on economic growth and development in Latin America; describes the life-cycle saving patterns of Mexican households; and examines demographic determinants of economic growth in BRICS. The book also offers demographic and economic analysis of the Mediterranean area, Sub-Saharan Africa, and New Zealand. The comparison between the different territorial contexts allow for the identification of three typologies of demographic dividend: the first dividend, when the working population grows faster than total population, the second dividend, as active generations get older and invest their savings in the production system of their country, and the third dividend, based on the coexistence of two populations age structure strongly contrasting. Overall, this book argues for the need to capitalize on the opportunities that come from the demographic dividend by investing heavily in education programs, training programs for the population working age, health programs, the creation of health insurance systems as well as programs to reduce or increase fertility levels.

Demographic Dividends: Emerging Challenges and Policy Implications

Demographic Dividends: Emerging Challenges and Policy Implications PDF Author: Roberta Pace
Publisher: Springer
ISBN: 3319327097
Category : Social Science
Languages : en
Pages : 184

Get Book

Book Description
This book examines potential economic opportunities that countries can experience when fertility rates fall and the average life expectancy of the working age population increases. It presents detailed demographic and economic analysis of middle-income countries throughout the world in order to show how these countries can take advantage of this demographic bonus. The book first traces the common link between policies that contribute to fertility transition as well as create the right kind of environment for reaping the benefit of demographic dividend. Next, it explores different countries and regions who are at different levels of development. It assesses the long term impact of gender equality on economic growth and development in Latin America; describes the life-cycle saving patterns of Mexican households; and examines demographic determinants of economic growth in BRICS. The book also offers demographic and economic analysis of the Mediterranean area, Sub-Saharan Africa, and New Zealand. The comparison between the different territorial contexts allow for the identification of three typologies of demographic dividend: the first dividend, when the working population grows faster than total population, the second dividend, as active generations get older and invest their savings in the production system of their country, and the third dividend, based on the coexistence of two populations age structure strongly contrasting. Overall, this book argues for the need to capitalize on the opportunities that come from the demographic dividend by investing heavily in education programs, training programs for the population working age, health programs, the creation of health insurance systems as well as programs to reduce or increase fertility levels.

The Demographic Dividend

The Demographic Dividend PDF Author: David Bloom
Publisher: Rand Corporation
ISBN: 0833033735
Category : Social Science
Languages : en
Pages : 127

Get Book

Book Description
There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.

Africa's Demographic Transition

Africa's Demographic Transition PDF Author: David Canning
Publisher: World Bank Publications
ISBN: 1464804907
Category : Business & Economics
Languages : en
Pages : 214

Get Book

Book Description
Africa is poised on the edge of a potential takeoff to sustained economic growth. This takeoff can be abetted by a demographic dividend from the changes in population age structure. Declines in child mortality, followed by declines in fertility, produce a 'bulge' generation and a large number of working age people, giving a boost to the economy. In the short run lower fertility leads to lower youth dependency rates and greater female labor force participation outside the home. Smaller family sizes also mean more resources to invest in the health and education per child boosting worker productivity. In the long run increased life spans from health improvements mean that this large, high-earning cohort will also want to save for retirement, creating higher savings and investments, leading to further productivity gains. Two things are required for the demographic dividend to generate an African economic takeoff. The first is to speed up the fertility decline that is currently slow or stalled in many countries. The second is economic policies that take advantage of the opportunity offered by demography. While demographic change can produce more, and high quality, workers, this potential workforce needs to be productively employed if Africa is to reap the dividend. However, once underway, the relationship between demographic change and human development works in both directions, creating a virtuous cycle that can accelerate fertility decline, social development, and economic growth. Empirical evidence points to three key factors for speeding the fertility transition: child health, female education, and women's empowerment, particularly through access to family planning. Harnessing the dividend requires job creation for the large youth cohorts entering working age, and encouraging foreign investment until domestic savings and investment increase. The appropriate mix of policies in each country depends on their stage of the demographic transition.

International Handbook of Population Policies

International Handbook of Population Policies PDF Author: John F. May
Publisher: Springer Nature
ISBN: 3031020405
Category : Social Science
Languages : en
Pages : 863

Get Book

Book Description
This Handbook offers an array of internationally recognized experts’ essays that provide a current and comprehensive examination of all dimensions of international population policies. The book examines the theoretical foundations, the historical and empirical evidence for policy formation, the policy levers and modelling, as well as the new policy challenges. The section Theoretical Foundations reviews population issues today, population theories, the population policies’ framework as well as the linkages between population, development, health, food systems, and the environment. The next section Empirical Evidence discusses international approaches to design and implement population policies on a regional level. The section Policy Levers and Modelling reviews the tools and the policy levers that are available to design, implement, monitor, and measure the impact of population policies. Finally, the section New Policy Challenges examines the recurrent and emerging issues in population policies. This section also discusses prospects for demographic sustainability as well as future considerations for population policies. As such this Handbook provides an important and structured examination of contemporary population policies, their evolution, and their prospects.

U.S. Development Policy in an Aging World

U.S. Development Policy in an Aging World PDF Author: Richard Jackson
Publisher: CSIS Reports
ISBN: 9781442224933
Category : Business & Economics
Languages : en
Pages : 0

Get Book

Book Description
The demographic transformation sweeping the emerging world has profound implications for U.S. development policy. The challenge is no longer helping countries overcome the obstacles to development posed by high birthrates and rapid population growth, but leveraging the opportunities created by falling birthrates and slowing population growth. This report discusses how developing countries can best leverage their "demographic dividends" in order to boost income and wealth while they are still young and growing, as well as how they can prepare for the inevitable aging of their populations that looms just over the horizon. It also explores what the emerging new demographic realities imply for the optimal shape of U.S. development policy in decades to come.

Political Demography

Political Demography PDF Author: Jack A. Goldstone
Publisher: Oxford University Press, USA
ISBN: 0199945969
Category : Political Science
Languages : en
Pages : 344

Get Book

Book Description
The field of political demography - the politics of population change - is dramatically underrepresented in political science. At a time when demographic changes - aging in the rich world, youth bulges in the developing world, ethnic and religious shifts, migration, and urbanization - are waxing as never before, this neglect is especially glaring and starkly contrasts with the enormous interest coming from policymakers and the media. "Ten years ago, [demography] was hardly on the radar screen," remarks Richard Jackson and Neil Howe of the Center for Strategic and International Studies, two contributors to this volume. "Today," they continue, "it dominates almost any discussion of America's long-term fiscal, economic, or foreign-policy direction." Demography is the most predictable of the social sciences: children born in the last five years will be the new workers, voters, soldiers, and potential insurgents of 2025 and the political elites of the 2050s. Whether in the West or the developing world, political scientists urgently need to understand the tectonics of demography in order to grasp the full context of today's political developments. This book begins to fill the gap from a global and historical perspective and with the hope that scholars and policymakers will take its insights on board to develop enlightened policies for our collective future.

World Population to 2300

World Population to 2300 PDF Author:
Publisher: New York : United Nations, Department of Economic and Social Affairs
ISBN:
Category : Political Science
Languages : en
Pages : 258

Get Book

Book Description
Based on the 2002 Revision, the Population Division has adopted 2 major innovations for this new set of long-range population projections. For the first time the long-range projections are made at the national level and the time horizon for the projections is extended to 2300.

Realising the Demographic Dividend

Realising the Demographic Dividend PDF Author: Santosh Mehrotra
Publisher: Cambridge University Press
ISBN: 1316843319
Category : Business & Economics
Languages : en
Pages : 498

Get Book

Book Description
This book discusses policies to achieve inclusive growth in India and realise the demographic dividend, which will end by 2040 when India will become an aging society. India is the world's fastest growing large economy, but jobs are not growing equally rapidly. The size of India's youth workforce is worrying, and the largely informal workforce is not covered by social insurance. Universal elementary education, despite the Right to Education Act 2009, is yet to be achieved. Health outcomes have improved only slowly over the years. Furthermore, sanitation still remains a very serious problem. As an economist and former policy-maker, the author discusses specific policies to address these problems, well beyond what is currently being practised. The book also deals with the governance issues that need to be addressed before inclusive growth can be attained.

Towards a Better Global Economy

Towards a Better Global Economy PDF Author: Franklin Allen
Publisher: OUP Oxford
ISBN: 0191035130
Category : Business & Economics
Languages : en
Pages : 352

Get Book

Book Description
Substantial progress in the fight against extreme poverty was made in the last two decades. But the slowdown in global economic growth and significant increases in income inequality in many developed and developing countries raise serious concerns about the continuation of this trend into the 21st century. The time has come to seriously think about how improvements in official global governance, coupled with and reinforced by rising activism of 'global citizens' can lead to welfare-enhancing and more equitable results for global citizens through better national and international policies. This book examines the factors that are most likely to facilitate the process of beneficial economic growth in low-, middle-, and high-income countries. It examines past, present, and future economic growth; demographic changes; the hyperglobalization of trade; the effect of finance on growth; climate change and resource depletion; and the sense of global citizenship and the need for global governance in order to draw longer-term implications, identify policy options for improving the lives of average citizens around the world, and make the case for the need to confront new challenges with truly global policy responses. The book documents how demographic changes, convergence, and competition are likely to bring about massive shifts in the sectoral and geographical composition of global output and employment, as the center of gravity of the global economy moves toward Asia and emerging economies elsewhere. It shows that the legacies of the 2008-09 crisis-high unemployment levels, massive excess capacities, and high debt levels-are likely to reduce the standard of living of millions of people in many countries over a long period of adjustment and that fluctuations in international trade, financial markets, and commodity prices, as well as the tendency of institutions at both the national and international level to favor the interests of the better-off and more powerful pose substantial risks for citizens of all countries. The chapters and their policy implications are intended to stimulate public interest and facilitate the exchange of ideas and policy dialogue.

The Demographic Dividend

The Demographic Dividend PDF Author: Mr.Shekhar Aiyar
Publisher: International Monetary Fund
ISBN: 1455217883
Category : Social Science
Languages : en
Pages : 33

Get Book

Book Description
Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be the largest individual contributor to the global demographic transition ahead. It exploits the variation in the age structure of the population across Indian states to identify the demographic dividend. The main finding is that there is a large and significant growth impact of both the level and growth rate of the working age ratio. This result is robust to a variety of empirical strategies, including a correction for inter-state migration. The results imply that a substantial fraction of the growth acceleration that India has experienced since the 1980s - sometimes ascribed exclusively to economic reforms - is attributable to changes in the country’s age structure. Moreover, the demographic dividend could add about 2 percentage points per annum to India’s per capita GDP growth over the next two decades. With the future expansion of the working age ratio concentrated in some of India’s poorest states, income convergence may well speed up, a theme likely to recur on the global stage.