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Prospects for Economic Growth in Nigeria: A Demographic Perspective

David Bloom, Jocelyn Finlay (), Salal Humair, Andrew Mason, Olanrewaju Olaniyan and Adedoyin Soyibo
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Jocelyn Finlay: Harvard T.H. Chan School of Public Health
Salal Humair:, Inc.
Olanrewaju Olaniyan: University of Ibadan
Adedoyin Soyibo: Centre For Control and Prevention of Zoonoses

PGDA Working Papers from Program on the Global Demography of Aging

Abstract: We quantify the potential for economic growth created by Nigeria’s demographic transition. Using a cross-country economic growth model, we first estimate the size of the demographic dividend Nigeria could enjoy under appropriate enabling conditions. Then, using an original analysis of the economic lifecycle of Nigeria’s population, we explore the conditions needed to realize the dividend, focusing particularly on labor productivity and investments in health and education. We conclude with a policy discussion on the challenges Nigeria must overcome to realize its full potential for economic growth. JEL Codes:

Date: 2016-10
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