demographic dividend
English meaning: Demographic Dividend
English Definition
(English)The demographic dividend occurs when the proportion of working-age people (15-64) is high relative to children and elderly dependants, boosting savings, investment, and labour supply. India's window of demographic dividend (2020-2040) represents both an enormous opportunity — if skills and jobs are created — and a risk of a 'demographic disaster' if youth remain unemployed.
English Definition
The economic growth potential that results from a country having a large working-age population relative to dependants. India with a median age of ~28 years is positioned to benefit from this — but only if the working-age population is educated, skilled, and employed.
Example
“India's demographic dividend of 600+ million working-age people by 2030 represents a huge potential boost to economic growth — if skill development keeps pace.”
In English: “India's demographic dividend is a major growth opportunity if skill development and job creation succeed.”
Synonyms
- age-structure advantage
- youth dividend
Antonyms / Opposites
- demographic burden
- ageing population
- demographic crisis
Literary Heritage
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness.”
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness.”
Images
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Language information
- Language
- English
- English
- Script
- Latin
- Family
- Indo-European
- Speakers
- 1.5B