As fertility rates decrease, a country’s working-age population grows larger relative to the young dependent population. With more people in the labor force and fewer children to support, a country has a window of opportunity for rapid economic growth if the right social and economic investments and policies are made in health, education, governance and the economy. Conversely, research shows that resource requirements to support a large population of children and youth can depress the pace of economic growth and prevent needed investments in human capital. The discourse on responding to this population growth frequently excludes the youth. The result can be an apathetic community of young people who withdraw from participation in political and democratic processes. The book is a compilation of articles that address the issue and highlight solutions from different parts of the world, from members of the Global Diplomacy Lab to external contributors: how they see their work promoting, enhancing and contributing to harvesting the demographic dividend.

The Arab Republic of Egypt was well on the path to achieving its demographic dividend at the turn of this century but has gone off track due to a reversal in its earlier fertility decline. But what is the demographic dividend? It reflects the economic benefits when a country undergoes a rapid decline in mortality, then fertility, and the consequent demographic transition. Due to lower fertility and fewer children per household, a growing working-age population increases productivity and per capita income, leading to accumulated savings, investments, and economic growth, underscoring the strong link between demographics and economic growth. Fortunately, Egypt has the political will, resources, and capacity to achieve its demographic dividend in the next decade, as this report by a team of Egyptian and World Bank experts shows. It reviews the trends in determinants of the rising total fertility rate, the likely factors that contributed to Egypt’s fertility decline reversal, the government’s initial response, and the sectoral and social drivers that may have influenced this fertility decline reversal. It also assesses the economic impact of the demographic changes, including estimates of forgone savings due to the increased fertility and of potential future gains if the country were to regain and then accelerate its fertility decline. Drawing on global evidence, the report proposes six policy and strategic priorities, complemented by four policy imperatives. These priorities aim to increase the contraceptive prevalence rate (the most important of the six), reduce school dropouts, increase female labor force participation, delay early marriage, leverage social protection programs, and improve governance of the country's population program. The four imperatives aim to assure broad-based socioeconomic development and they include creating productive jobs; investing in and leveraging human capital; enhancing financial inclusion and entrepreneurship, especially for women; and sustaining macroeconomic stability. The president's "Decent Life Initiative" and the "National Project for the Development of the Egyptian Family" can be used as the platform to implement many of the proposed policies and strategies. In such a manner, Egypt will be back on track to achieve its demographic dividend.

There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.

This book examines the promises as well as the challenges the demographic dividend brings to sub-Saharan Africa as fertility rates in the region fall and the labor force grows. It offers a detailed analysis of what conditions must be met in order for the region to take full economic advantage of ongoing population dynamics. As the book makes clear, the region will need to accelerate reforms to cope with its demographic transition, in particular the decline of fertility. The continent will need to foster human capital formation through renewed efforts in the areas of education, health and employment. This will entail a true vision and determination on the part of African leaders and their development partners. The book will help readers to gain solid knowledge of the demographic trends and provide insights into socioeconomic policies that eventually might lead sub-Saharan Africa into a successful future.

Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be the largest individual contributor to the global demographic transition ahead. It exploits the variation in the age structure of the population across Indian states to identify the demographic dividend. The main finding is that there is a large and significant growth impact of both the level and growth rate of the working age ratio. This result is robust to a variety of empirical strategies, including a correction for inter-state migration. The results imply that a substantial fraction of the growth acceleration that India has experienced since the 1980s - sometimes ascribed exclusively to economic reforms - is attributable to changes in the country’s age structure. Moreover, the demographic dividend could add about 2 percentage points per annum to India’s per capita GDP growth over the next two decades. With the future expansion of the working age ratio concentrated in some of India’s poorest states, income convergence may well speed up, a theme likely to recur on the global stage.

South Korea’s Demographic Dividend: Echoes of the Past or Prologue to the Future? weaves together the compelling story of social and demographic effects of the economic miracle in South Korea. This exploration of social change examines the demographic dividend: a window of time when a large percentage of a country’s population is in the working ages as a result of low fertility and declining mortality. The working-age population benefits from a relatively small dependent population as the size of the elderly cohort is small and the percentage of children is decreasing. This allows the working-age cohort to amass savings and increase productivity. But what happens when that demographic dividend comes to a close and the working age population must support a large elderly population? For centuries South Koreans relied on the intergenerational Confucian contract whereby parents supported children with the reciprocal expectation that children would support their parents in their older years. In South Korea’s Demographic Dividend Dr. Stephen examines what happens to families—and the larger society— when this contract is broken. The book concludes with proposed policies that address the maintenance of social cohesion in light of structural changes in the personal and public spheres as a result of Korea’s unprecedented economic growth.

Politics in Pakistan has traditionally been understood in the context of civil-military relationship. In May 2013, for the first time in history, Pakistan saw an elected government complete a full term in office and transfer power through the ballot box to another civilian government. In view of such an important development, this book offers critical perspectives on Pakistan’s current democratic transition and its implications for national politics, security and foreign policy. It critically analyses the emerging political trends in the country, including their underlying sources, attributes, constraints, and prospects of sustainability. Drawing on history, diverse theoretical perspectives, and empirical evidence, it explains the dynamics of the democratic process, contested borders and spaces, and regionalism. Contributions are from 13 prominent scholars in the field, who provide a wide-ranging analysis of Pakistan’s contemporary national and regional challenges, as well as the opportunities they entail for its viability as a democratic state. Taking the debate on Pakistan beyond the outmoded notions of praetorian politics and security, the book explores the future prospects of civilian supremacy in the country. It will be of interest to students and scholars of South Asian Politics, Political Sociology and Security Studies, as well as policy-makers, diplomats, security experts and military professionals.

Africa is a continent on the upswing, developing great economic momentum. If German companies want to participate in Africa's upswing, they need to be familiar with some special features. This book shows the way to successful business in Africa. It is a practical, yet scientifically based guide for all entrepreneurs and economically interested parties who want to be successful in Africa. It combines the experience of many companies with the scientific perspective and findings of the Centre for Business and Technology in Africa at Flensburg University of Applied Sciences. In the 2nd edition new developments on the African continent are taken up and current answers are given to the classical questions, which each actor must answer for itself, which wants to be economically successful in Africa: WHY Africa is interesting for the business, WHERE the largest chances of success exist, HOW to proceed and WHICH approaches for the future organization of the economic relations between Germany and Africa are promising. The book describes how to invest in Africa and bundles the current experiences of managers of large corporations and family businesses with a long history on the continent.