Demographic Dividend: Which Countries Are Next?

Sub-Saharan Africa is nearing a historic opportunity, but most of its nations are not ready.

Reposted from populyst.

Published on Africa Day, 25 May 2023.

The population of India will have surpassed that of China by the end of this year, with each country counting 1.43 to 1.45 billion people. This milestone has led several observers to wonder whether the Indian economy can achieve a demographic dividend in the same way that China did after 1990. There is however widespread misunderstanding around the question of what constitutes a demographic dividend. This recent statement from a leading Indian daily is typical but inaccurate:

"A high population, especially in a younger age cohort, is generally seen as an asset rather than a liability for the economic fortunes of a country. The simple reason for this is that more people also means more working hands."

The Financial Times similarly published "Can India Unlock the Potential of its Youth?" in…