Africa’s Prospects for Enjoying a Demographic Dividend
David Bloom,
Michael Kuhn and
Klaus Prettner
No 22560, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
We assess Africa’s prospects for enjoying a demographic dividend. While fertility rates and dependency ratios in Africa remain high, they have started to decline. According to UN projections, they will fall further in the coming decades such that by the mid-21st century the ratio of the working-age to dependent population will be greater than in Asia, Europe, and Northern America. This projection suggests Africa has considerable potential to enjoy a demographic dividend. Whether and when it actually materializes, and also its magnitude, hinges on policies and institutions in key realms that include macroeconomic management, human capital, trade, governance, and labor and capital markets. Given strong complementarities among these areas, coordinated policies will likely be most effective in generating the momentum needed to pull Africa’s economies out of a development trap.
JEL-codes: J11 J13 J16 O10 (search for similar items in EconPapers)
Date: 2016-08
New Economics Papers: this item is included in nep-sea
Note: DEV
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Published as David E. BLOOM & Michael KUHN & Klaus PRETTNER, 2017. "Africa’s Prospects for Enjoying a Demographic Dividend," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 83(1), pages 63-76, March.
Downloads: (external link)
http://www.nber.org/papers/w22560.pdf (application/pdf)
Related works:
Journal Article: Africa’s Prospects for Enjoying a Demographic Dividend (2017) 
Journal Article: AFRICA'S PROSPECTS FOR ENJOYING A DEMOGRAPHIC DIVIDEND (2017) 
Working Paper: Africa’s Prospects for Enjoying a Demographic Dividend (2016) 
Working Paper: Africa's Prospects for Enjoying a Demographic Dividend (2016) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:22560
Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w22560
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().