 Policy-making by Understanding the Generational EconomyDurre Nayab and Omer Siddique () The Pakistan Development Review, 2021, vol. 60, issue 1, 93-97 Abstract: The current population age structure of Pakistan provides the country an opportunity to reap the demographic dividend but there is no concrete evidence on its magnitude. The National Transfer Accounts (NTA) can fill this gap by quantifying the wealth flows taking place in a population through an improved understanding of the generational economy. The NTA provides estimates of people’s income and their consumption at every age. What is more important, however, is that the NTA helps to understand how do people, especially the young and the old who consume more than they produce, support themselves. It sheds light on whether it is through the private or public sources that the existing deficit—the difference between income and consumption—if any is filled. The estimation of the NTA for Pakistan, therefore, would strengthen our understanding of the linkages between population dynamics and development. The NTA for Pakistan provides the opportunity to look at the economic indicators through the perspective of age. It can help design public policies ranging from healthcare, education, gender equality, reproductive health and social protection to economic, social and political implications of population ageing and generational equity. Date: 2021 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:60:y:2021:i:1:p:93-97 Access Statistics for this article More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.