Nusrat Jafrin, Muhammad Mehedi Masud
The Demographic Dividend and Economic Growth
Číslo: 4/2020
Periodikum: Demografie
Klíčová slova: Demographic transition, demographic dividend, human capital, technological unemployment, comparative advantage, economic growth
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Anotace:
Te transition to sustainable development and equitable societies has become a major concern for population
scientists and decision makers. Tis transformation is in some countries coinciding with the demographic
transition, as the evolution of the age structure poses a new challenge for demographers and economists.
At the same time, technological unemployment is becoming a burning issue across the world owing
to the rapid digital revolution and globalisation. However, there is a lack of an integrated theoretical framework
that can be used to achieve the demographic dividend by eliminating technological unemployment, which would
ultimately help bring about sustainable development. Tis paper attempts to build an integrated theoretical
framework based on the theories of demographic transition, comparative advantage, human capital theory,
and the demographic dividend hypothesis in view of the developmental challenges of technological
unemployment. Tis proposed integrated conceptual framework would foster the use of the demographic
dividend to promote economic prosperity in a country whose population is largely economically active.
Tis paper also makes some recommendations on how to prepare working-age people against the threat
of technological unemployment in a bid to enhance economic growth.
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scientists and decision makers. Tis transformation is in some countries coinciding with the demographic
transition, as the evolution of the age structure poses a new challenge for demographers and economists.
At the same time, technological unemployment is becoming a burning issue across the world owing
to the rapid digital revolution and globalisation. However, there is a lack of an integrated theoretical framework
that can be used to achieve the demographic dividend by eliminating technological unemployment, which would
ultimately help bring about sustainable development. Tis paper attempts to build an integrated theoretical
framework based on the theories of demographic transition, comparative advantage, human capital theory,
and the demographic dividend hypothesis in view of the developmental challenges of technological
unemployment. Tis proposed integrated conceptual framework would foster the use of the demographic
dividend to promote economic prosperity in a country whose population is largely economically active.
Tis paper also makes some recommendations on how to prepare working-age people against the threat
of technological unemployment in a bid to enhance economic growth.