Title Africa rising : harnessing the demographic dividend / Paulo Drummond, Vimal Thakoor and Shu Yu

Published [Washington, District of Columbia] : International Monetary Fund, 2014 ©2014

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Description 1 online resource (23 p.) Series IMF Working Paper ; WP/14/143 IMF working paper ; WP/14/143. Contents Cover; Contents; I. Introduction; Tables; 1. Africa rising; II. A Brief Literature Review; III. Stylized Facts; Figures; 1. Global trends in working age population; 2. Evolution of shares of working age population in Sub-Saharan Africa; IV. An Economic Model of Demographic Transitions; A. The model; 3. Diverging experiences in Asia and Latin America: 1965-2010; B. Calibration; V. Empirical Estimates of Demographic Dividends; A. Methodology; 4. Population growth and output; B. Initial Results; C. Regional Differences and the Role of Human Capital; 2. Baseline results for 5-year growth 3. Demographic dividends by regionsD. Robustness Checks; 4. Demographic dividends and threshold effects; VI. Estimates of Demographic Dividends for Sub-Saharan Africa; 5. Demographic dividend and development level; VII. Conclusions; 6 (a). GDP growth in median SSA country; 6 (b). Demographic dividend and working age population; Appendix; Table 1: Summary statistics; Table 2: Demographic dividend by regions; Figure 1: Country specific demographic dividends in peak year; References Summary Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The accompanying increase in its working age population creates a window of opportunity, which if properly harnessed, can translate into higher growth and yield a demographic dividend. We quantify the potential demographic dividend based on the experience of other regions. The dividend will vary across countries, depending on such factors as the initial working age population as well as the speed and magnitude of demographic transition. It will be critical to ensure that the right supportiv Notes Description based upon print version of record Bibliography Includes bibliographical references Notes English Description based on online resource; title from PDF title page (ebrary, viewed September 17, 2014) Subject Economic development -- Africa Economic development Economic history Forecasting SUBJECT Africa -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85001548 Africa -- Forecasting Subject Africa Form Electronic book Author Thakoor, Vimal, author Yu, Shu, author ISBN 1498352812 9781498352819 1498329721 9781498329729 1498346960 9781498346962

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