In recent years, the demographic dividend has garnered enormous traction in policy circles as African policy-makers, especially in ministries of finance and development planning, see it as central to achieving their economic growth targets. The demographic dividend is the economic benefit arising from a change in a society’s age structure, from a structure dominated by child dependents to one with a greater proportion of working-age adults. It is estimated that a quarter to a third of the phenomenal socioe-conomic development experienced by East Asian countries like Malaysia, South Korea, and Thailand between 1970 and 2000 can be attributed to this dividend.
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Authors: Mueni, E.