Africa Rising: Harnessing the Demographic Dividend
Electronic Access:
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Summary:
Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The accompanying increase in its working age population creates a window of opportunity, which if properly harnessed, can translate into higher growth and yield a demographic dividend. We quantify the potential demographic dividend based on the experience of other regions. The dividend will vary across countries, depending on such factors as the initial working age population as well as the speed and magnitude of demographic transition. It will be critical to ensure that the right supportive policies, including those fostering human capital accumulation and job creation, are in place to translate this opportunity into concrete economic growth.
Series:
Working Paper No. 2014/143
Subject:
Aging Demographic change Education Labor Labor force participation Population and demographics
English
Publication Date:
August 5, 2014
ISBN/ISSN:
9781498379878/1018-5941
Stock No:
WPIEA2014143
Pages:
22
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