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Realizing the Demographic Dividend: Is Africa any different?

David Bloom, David Canning, Günther Fink and Jocelyn E. Finlay ()

PGDA Working Papers from Program on the Global Demography of Aging

Abstract: The demographic transition creates a window of opportunity during which economies may benefit from a temporary increase in the working age share of the population. While many economies have already enjoyed these benefits, they remain a promising opportunity for much of Sub-Saharan Africa. We show in this paper that Sub-Saharan Africa adheres to the same principles as the rest of the world with respect to the determinants of economic growth, including particularly the effects of demographic change. Assuming a policy and institutional context that is conducive to economic growth, most Sub-Saharan countries have the potential to reap a sizable demographic dividend.

Keywords: growth; Africa; Demographic Dividend; demography; sub-saharan. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr, nep-age and nep-dev
Date: 2007-06
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