Originally posted by the World Bank on 09/24/2011
By: Julia Ross, Corporate and Home Page Editor for the World Bank website
Countries like South Korea and Thailand have seen similar demographic formulas work to their advantage in recent decades: falling fertility rates lead to burgeoning adult working populations lead to greater economic productivity.
How did they harness these changes to create engines of growth? According to speakers at a World Bank panel on “Realizing the Demographic Dividend,” greater investments in health, family planning, and gender equality paved the way, followed by further investments in education, youth development, and job creation. Read more...