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IB Geography 1.3.3 the Demographic Dividend and Population as a Resource Key Definitions

Definition

Demographic dividend

The demographic dividend is the faster economic growth a country can obtain during the period when a sustained fall in fertility has shrunk the child dependency ratio faster than the old-age ratio is rising, so the working-age share of the population is unusually high. The favourable age structure is a window of opportunity, not a guarantee: the growth is realized only where jobs, education and health provision absorb the working-age cohort, and the window closes as that cohort ages.

Definition

Demographic dividend

The demographic dividend is the faster economic growth a country can obtain during the period when a sustained fall in fertility has shrunk the child dependency ratio faster than the old-age ratio is rising, so the working-age share of the population is unusually high. The favourable age structure is a window of opportunity, not a guarantee: the growth is realized only where jobs, education and health provision absorb the working-age cohort, and the window closes as that cohort ages.

IB Geography 1.3.3 the Demographic Dividend and Population as a Resource Key Definitions