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Demographic Dividend

All articles tagged with #demographic dividend

economics3 years ago•5 min saved

India's Economic Miracle: A Time Bomb of Unemployment

India's youth unemployment rate is climbing sharply, with almost half of people under 25 being unemployed as of December 2022. While India's working age population is young, growing, and projected to hit a billion over the next decade, there aren't enough jobs to support the growing number of workers. Experts warn that the problem will only get worse as the population grows and competition for jobs gets even tougher, potentially leading to social unrest. India has various options to address these demographic problems, but such fixes on the macro level will do little to help those who are struggling now.

via CNN|

#competition #demographic-dividend #economics

demographics3 years ago•4 min saved

India set to overtake China as world's most populous nation: UN

India is set to surpass China as the world's most populous country by the end of this month, with a population of almost 1.43 billion people, according to the United Nations. India's young population and higher fertility rate give it the potential to replicate China's economic trajectory, but it faces challenges in providing jobs for its growing population and addressing issues such as climate change, disparities between urban and rural populations, and a widening religious divide.

via Al Jazeera English|

#china #demographic-dividend #demographics

economics3 years ago•10 min saved

India set to become world's most populous country by mid-2023, UN reports.

India's large, young population has the potential to be an economic boon, but only if the country can create enough well-paying jobs to accommodate the millions who enter the workforce each year. India's official unemployment rate is high, and the country is struggling to attract global investments. While some experts see India as well-positioned to take advantage of companies diversifying beyond China, others warn that India's lack of skilled labor in high-end manufacturing industries could hurt its prospects. With fertility rates falling, India's window of opportunity to capitalize on its demographic dividend is shrinking, and the country must act quickly to avoid a potential demographic disaster.

via Al Jazeera English|

#china #demographic-dividend #economics