Demographic dividends for India : evidence and implications based on national transfer accounts
Date
2012
Authors
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Volume Title
Publisher
Edward Elgar Publishing
Abstract
The missing link in the debate on the impact of population on economic
growth is the e% ect of age structure (Bloom and Williamson, 1998). During
the demographic transition from high fertility and high mortality to low
fertility and low mortality, the age structure of the population undergoes
unprecedented changes from a broad- based pyramid tapering at the top, to
a shrinking base with an enlarged middle and a gradually expanding top.
The age structure of a population has economic ramifications as children
and the elderly consume more than they produce, while those in the prime
working ages support not only their own consumption but also that of
the economically dependent segments of society. Countries with shrinking
numbers of children and large shares of working- age people can raise their
rates of economic growth. This is referred to as the # rst demographic divi-
dend or as the window of economic opportunity (Lee and Mason, 2006)...
Description
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Book Chapter
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Text
Keywords
DEMOGRAPHIC TRANSITION, POPULATION AGEING, AGE DISTRIBUTION, ECONOMIC GROWTH, FERTILITY RATE, INDIA
Citation
Ladusingh, L., & Narayana, M.R. (2012). Demographic dividends for India: evidence and implications based on National Transfer Accounts. In Park, D. Sang-Hyop Lee, & Mason, A. (Eds.), Aging, Economic Growth, and Old-Age Security in Asia (pp. 203-230). Glos: Edward Elgar Publishing.