scholarly journals Demographic Window of Opportunity in Nepal

2018 ◽  
Vol 18 (17) ◽  
pp. 133-140 ◽  
Author(s):  
Hom Nath Chalise
Keyword(s):  
Economic Growth ◽  
National Development ◽  
Window Of Opportunity ◽  
Age Group ◽  
Demographic Dividend ◽  
Working Age ◽  
Age Structures

The demographic dividend (or window of opportunity) is the period during which a country's population experiences age structures that are highly favourable for development. Greater proportion of population becomes young and working age group. This cuts spending on dependents and spurring economic growth. Demographic dividend has importance in the national development if it is understood well and planned well for the national development. Nepal has already entered in demographic window of opportunity and this dividend phase ends around 2045. Government is lacking to utilize this dividend in the absence of stable government and proper policy requirements.

scholarly journals Dream Guys of Demographic Dividend and Their Economic Preferences

2017 ◽  
Vol 6 (2) ◽  
pp. 314
Author(s):  
Mamta Manshani ◽  
P.K. Chopra
Keyword(s):  
Young People ◽  
Total Population ◽  
Social Progress ◽  
Age Group ◽  
Demographic Dividend ◽  
Gdp Growth Rate ◽  
Economic Preferences ◽  
Working Age ◽  
Growing Economy ◽  
The One

<div><p><em>India is the nation of Young people with lots of dream and aspirations. If they have the skills, right education, health and real choices in life than they are the one who drives the nation towards prosperity. The economic and social progress of the country mainly depends on its young people.</em></p><p><em>By 2020, India is set to become the world’s youngest country with 64 per cent of its population in the working age group. With the West, Japan and even China aging, this demographic potential offers India and its growing economy an unprecedented edge that economists believe could add a significant 2 per cent to the GDP growth rate. Demographic dividend occurs when the proportion of independent people in the total population is larger than dependent people because this indicates that more people have the potential to be productive and contribute to growth of the economy.</em></p><p><em>This paper aims to find out and study personality and economic preferences of youth of India which is likely to benefit from demographic dividend.</em></p></div>

scholarly journals Education rather than age structure brings demographic dividend

2019 ◽  
Vol 116 (26) ◽  
pp. 12798-12803 ◽  
Author(s):  
Wolfgang Lutz ◽  
Jesus Crespo Cuaresma ◽  
Endale Kebede ◽  
Alexia Prskawetz ◽  
Warren C. Sanderson ◽  
...  
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Age Structure ◽  
Fertility Decline ◽  
Demographic Dividend ◽  
Resource Base ◽  
Population Policies ◽  
Dependency Ratios ◽  
Working Age ◽  
Negative Impacts

The relationship between population changes and economic growth has been debated since Malthus. Initially focusing on population growth, the notion of demographic dividend has shifted the attention to changes in age structures with an assumed window of opportunity that opens when falling birth rates lead to a relatively higher proportion of the working-age population. This has become the dominant paradigm in the field of population and development, and an advocacy tool for highlighting the benefits of family planning and fertility decline. While this view acknowledges that the dividend can only be realized if associated with investments in human capital, its causal trigger is still seen in exogenous fertility decline. In contrast, unified growth theory has established human capital as a trigger of both demographic transition and economic growth. We assess the relative importance of changing age structure and increasing human capital for economic growth for a panel of 165 countries during the time period of 1980–2015. The results show a clear dominance of improving education over age structure and give evidence that the demographic dividend is driven by human capital. Declining youth dependency ratios even show negative impacts on income growth when combined with low education. Based on a multidimensional understanding of demography that considers education in addition to age, and with a view to the additional effects of education on health and general resilience, we conclude that the true demographic dividend is a human capital dividend. Global population policies should thus focus on strengthening the human resource base for sustainable development.

scholarly journals Demographic Change and Economic Growth in India

2021 ◽  
Author(s):  
Neha Jain ◽  
Srinivas Goli
Keyword(s):  
Capita Income ◽  
Annual Growth Rate ◽  
Window Of Opportunity ◽  
Demographic Dividend ◽  
Per Capita Income ◽  
Employment Opportunities ◽  
Gender Empowerment ◽  
Working Age ◽  
Per Capita ◽  
Working Age Population

In this paper, we assess the economic benefits of demographic changes in India by employing econometric models and robustness checks based on panel data gathered over a period of more than three decades. Our analysis highlights four key points. First, the contribution of India’s demographic dividend is estimated to be around 1.9 percentage points out of 12% average annual growth rate in per capita income during 1981–2015. Second, India’s demographic window of opportunity began in 2005, significantly improved after 2011, and will continue till 2061. Third, our empirical analysis supports the argument that the realisation of the demographic dividend is conditional on a conducive policy environment with enabling aspects such as quality education, good healthcare, decent employment opportunities, good infrastructure, and gender empowerment. Fourth, the working-age population in India contributes around one-fourth of the inequality in per capita income across states. Thus, to reap the maximum dividends from the available demographic window of opportunity, India needs to work towards enhancing the quality of education and healthcare in addition to providing good infrastructure, gender empowerment, and decent employment opportunities for the growing working-age population.

scholarly journals Economic Growth and Demographic Dividend Nexus in Nigeria: A Vector Autoregressive (VAR) Approach

2019 ◽  
Vol 15 (2) ◽  
pp. 37 ◽  
Author(s):  
Ademola Obafemi Young
Keyword(s):  
Economic Growth ◽  
Labour Force ◽  
Demographic Dividend ◽  
Dynamic Interactions ◽  
Vector Autoregressive ◽  
Economic Support ◽  
Beneficial Impact ◽  
Working Age ◽  
Support Ratio ◽  
Macroeconomic Implications

In demography and population economics discourse, the macroeconomic implications of an upsurge in working age population, notably the labour force, on economic growth has been widely studied and the inherent beneficial impact has become known as demographic dividend. However, the exact mechanism linking the dividend to growth remains a perennial question. This motivates the current study to investigate empirically the dividend-growth nexus in the context of Nigerian economy in a multivariate VAR model spanning between the period 1970 and 2017. Specifically, the paper attempted to answer the question: Is the Nigerian Demographic Dividend an Education-triggered Dividend? Innovation Accounting Techniques was applied to assess the dynamic interactions among the variables. The empirical evidence obtained revealed that the innovation in gross enrollment made much contribution to the variation in economic growth relative to innovation in economic support ratio. The magnitude ranges between 20.09 and 27.54 percent. This result, thus, lend credence to the theoretical view of the education-triggered dividend model which ascribes to education twofold roles of helping to lessen fertility and also enhancing productivity but invalidates the conventional dividend paradigm.

India’s Demographic Dividend: The Millennials’ Savings Conundrum

2021 ◽  
pp. 097639962095826
Author(s):  
Karuna Bohini ◽  
C. Hussain Yaganti ◽  
Mini P. Thomas
Keyword(s):  
Past Research ◽  
Age Group ◽  
Demographic Dividend ◽  
Vector Error Correction ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Domestic Savings ◽  
Previous Decade ◽  
Working Age ◽  
Short Run

India’s working-age group has been over 60 per cent of its population for over two decades, with a record high of 66 per cent in 2018. The gross domestic savings (GDS), yet, plummeted during the previous decade, recording a low of 29.34 per cent in 2018. This is a divergence from the demographic theories which indicate that a rising working-age population will increase savings. Past research on India’s demographic transitioning implications on economic growth and demographic dividend focused on the working-age group. This article brings in a new dimension to existing studies and analyses savings trends by examining working-age youth, and the millennials within this subgroup, in particular. By considering data from between 1980 and 2017, the article investigates the influence of these two demographic variables on the GDS, along with key macroeconomic variables. The estimation techniques applied are the autoregressive distributed lag (ARDL) cointegration technique and the vector error correction model (ECM). The results indicate that the millennial youth’s influence on GDS is statistically significant. Though the long-term influence of the millennial youth working-age group indicates a positive effect on GDS, the adverse impact reflected in the short run may be pointing towards the future financial sustainability of this segment. Although youth savings are expected to be the lowest in the working-age segment, the significant fall in the youth ratio of employment-to-population in the 20–29 years segment, especially since 2005 onwards, raises the thrust for youth policies that can unravel the millennial savings conundrum and thereby pave the way for India’s demographic dividend.

scholarly journals Skilling Youth through Industry Linkages: Case of Nepal

2019 ◽  
Vol 4 ◽  
pp. 3-11
Author(s):  
Anoj Bhattarai
Keyword(s):  
Economic Growth ◽  
International Market ◽  
Vital Role ◽  
Age Group ◽  
Demographic Dividend ◽  
Gainful Employment ◽  
Rapid Economic Growth ◽  
Optimum Utilization

Nepal is in the phase of gaining its demographic dividend where more people have the potential to be productive and may contribute to achieve rapid economic growth. However, most of this productive age group lacks engagement in gainful employment both in domestic as well as international market. This paper scrutinizes the present TVET practices, identifies the gap and envisions systemic TVET implementation mechanism that ensures affordable access to TVET and a decent job for the productive age group of Nepal. The paper concludes that the linkage of industry with TVET, where industry plays a vital role in the implementation ecosystem, will serve in optimum utilization of the productive age-group.

Population Composition and Its Effect on Economic Growth

2021 ◽  
Vol 3 (1) ◽  
pp. 86-100
Author(s):  
Deboshmita Brahma
Keyword(s):  
Economic Growth ◽  
Negative Relationship ◽  
Secondary Data ◽  
Ideal Condition ◽  
Demographic Dividend ◽  
Third Phase ◽  
Significant Negative Relationship ◽  
Working Age ◽  
Per Capita ◽  
The Government

Background: The relationship between population and economic growth has always been a subject of debate. There has never been any clear consensus amongst economists about the nature and extent of influence that population has on the economic growth of a country. Objective: This paper aims to explore the influence exerted by the age structure of the population on the economic growth of a country. Method: The paper uses secondary data to find the relation between Gross Domestic Product (GDP) per capita levels of countries and their respective Age Dependency Ratio.Result: There is a significant negative relationship between them, which implies that, if a country has a rise in a high proportion of the dependent population, per capita income will tend to be lower. Conclusion: The paper then makes a special study of the prospect of demographic dividend in India. The country is in the third phase of demographic transition, implying that the proportion of the working-age population is greater than the dependent population. This provides an ideal condition for the Government to reap the benefits of demographic dividend and achieve higher levels of economic growth.

scholarly journals Integration of the Demographic Dividend into Government Plans: A Case of the Kwazulu-Natal Province of South Africa

2021 ◽  
Vol 1 (2) ◽  
pp. 88-102
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Age Structure ◽  
Economic Policies ◽  
Demographic Dividend ◽  
Rapid Economic Growth ◽  
Kwazulu Natal ◽  
Working Age ◽  
Population Reference Bureau ◽  
The Right

The Population reference Bureau policy brief, (Gribble and Bremmer, 2012):1) described the demographic dividend as “…the accelerated economic growth that may result from a decline in a country’s mortality and fertility and the subsequent change in the age structure of the population. With fewer births each year, a country’s young dependent population grows smaller in relation to the working-age population. With fewer people to support, a country has a window of opportunity for rapid economic growth if the right social and economic policies developed and investments made”. Several South Africa based studies have explored age structure and the prospects of a demographic dividend. These studies range from those that explore timing of the dividend to those that investigate readiness to harness the dividend. Three aspects of the demographic dividend are investigated by this research. Firstly, the paper will explore the age structure of KwaZulu-Natal population to ascertain the timing of the age-structure (youth bulge) that is a pre-requisite for the dividend. Secondly, demographic, health and education characteristics that are knows to affect the achievement of the dividend will be examined. Lastly, the extent of integration of the demographic dividend into Integrated Development Plans (IDPs) in the province will be explored.

scholarly journals Impact of the demographic dividend on economic growth

2018 ◽  
Vol 2 (4) ◽  
pp. 85-135
Author(s):  
Zarina Kazbekova
Keyword(s):  
Economic Growth ◽  
Russian Federation ◽  
Population Decline ◽  
Gdp Per Capita ◽  
Demographic Dividend ◽  
Working Age ◽  
Real Gdp Per Capita ◽  
The Russian Federation ◽  
Per Capita ◽  
Working Age Population

In the context of the working-age population decline in the Russian Federation, the study of the influence of the dynamics of the share of the working -age population on economic growth is of particular interest. The main purpose of the article is to assess the contribution of the first demographic dividend to the GDP per capita growth rate in Russia betwеen 1997 and 2015. The main methods used by the author of this work are statistical analysis and econometric modeling based on Rosstat data. According to the results obtained in the course of this study, the first demographic dividend provided about 13% growth of real GDP per capita in the Russian Federation in 1997-2015. It has been proved that the age structure of the population is important.

Socio-Economic Profile of Farm Households in Cotton Belt of Rural Punjab

2020 ◽  
pp. 144-151
Keyword(s):  
Secondary Level ◽  
Farm Households ◽  
General Category ◽  
Age Group ◽  
The Family ◽  
Working Age ◽  
Economic Profile ◽  
Land Holdings ◽  
Average Size ◽  
Cotton Belt

This paper examined the socio-economic profile of farm households in the cotton belt of Rural Punjab. The result revealed that as a whole, more than two-thirds fall in the working-age group of 15-59 years. The average size of the family worked out to be 5.74 and the average size of owned land holdings was 11.50 acres. The data highlights that 34.96 percent were earners, 31.39 percent were earning dependents and 33.65 percent of the persons were dependents. The major proportion (88.46 percent) of total sampled households followed Sikhism and as many as 87.50 percent were from the general category. About 23 percent of the sampled persons were illiterate and literacy levels were found to be positively linked with the size of landholdings. About 34 percent of the heads of sampled farmer households were illiterate and the majority of the heads of sampled farmer households had education below secondary level. None of the heads among marginal farmers had obtained education up to graduation level, whereas, this proportion was 7.41 for the large farmers. The study points out that overall only 11.54 percent of the sampled farm households read the newspaper. There is a need for effective measures which could enhance the educational and awareness levels of farmers and their family members for raising their levels of living.

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