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Demographic Dividend
Demographic dividend, as defined by the United Nations Population Fund (UNFPA), is "the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share of the population (14 and younger, and 65 and older)". In other words, it is “a boost in economic productivity that occurs when there are growing numbers of people in the workforce relative to the number of dependents”. UNFPA stated that “A country with both increasing numbers of young people and declining fertility has the potential to reap a demographic dividend." Demographic dividend occurs when the proportion of working people in the total population is high because this indicates that more people have the potential to be productive and contribute to growth of the economy. Due to the dividend between young and old, many argue that there is great potential for economic gains, which has been termed ...
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United Nations Population Fund
The United Nations Population Fund (UNFPA), formerly the United Nations Fund for Population Activities, is a UN agency aimed at improving reproductive and maternal health worldwide. Its work includes developing national healthcare strategies and protocols, increasing access to birth control, and leading campaigns against child marriage, gender-based violence, obstetric fistula, and female genital mutilation. The UNFPA supports programs in more than 144 countries across four geographic regions: Arab States and Europe, Asia and the Pacific, Latin America and the Caribbean, and sub-Saharan Africa. Around three-quarters of the staff work in the field. It is a founding member of the United Nations Development Group, a collection of UN agencies and programmes focused on fulfilling the Sustainable Development Goals. Origins The agency began operations in 1969 as the United Nations Fund for Population Activities under the administration of the United Nations Development Fund. In ...
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West Asia
Western Asia, West Asia, or Southwest Asia, is the westernmost subregion of the larger geographical region of Asia, as defined by some academics, UN bodies and other institutions. It is almost entirely a part of the Middle East, and includes Anatolia, the Arabian Peninsula, Iran, Mesopotamia, the Armenian Highlands, the Levant, the island of Cyprus, the Sinai Peninsula, and partly the Caucasus Region ( Transcaucasia). The region is considered to be separated from Africa by the Isthmus of Suez in Egypt, and separated from Europe by the waterways of the Turkish Straits and the watershed of the Greater Caucasus. Central Asia lies to its northeast, while South Asia lies to its east. Twelve seas surround the region (clockwise): the Aegean Sea, the Sea of Marmara, the Black Sea, the Caspian Sea, the Persian Gulf, the Gulf of Oman, the Arabian Sea, the Gulf of Aden, the Red Sea, the Gulf of Aqaba, the Gulf of Suez, and the Mediterranean Sea. Western Asia covers an area of , with a ...
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Demographic Economics
Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics. Aspects Aspects of the subject include * marriage and fertility * the family * divorce * morbidity and life expectancy/mortality * dependency ratios * migration * population growth * population size * public policy * the demographic transition from " population explosion" to (dynamic) stability or decline. Other subfields include measuring value of life and the economics of the elderly and the handicapped and of gender, race, minorities, and non-labor discrimination. In coverage and subfields, it complements labor economics and implicates a variety of other economics subjects. __NOTOC__ Subareas The '' Journal of Economic Literature'' classification codes are a way of categorizing subjects in economics. There, demographic economics is paired with labour economics ...
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Pensions Crisis
The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them. The basic difficulty of the pension problem is that institutions must be sustained over far longer than the political planning horizon. Shifting demographics are causing a lower ratio of workers per retiree; contributing factors include retirees living longer (increasing the relative number of retirees), and lower birth rates (decreasing the relative number of workers, especially relative to the Post-WW2 Baby Boom). An international comparison of pension institution by countries is important to solve the pension crisis problem. There is significant debate regarding the magnitude and importance of the problem, as well as the solutions. One aspect and challenge of the "Pension timebomb" is that several countries' governments have a consti ...
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Demographic Window
The Demographic Window is defined to be that period of time in a nation's demographic evolution when the proportion of population of working age group is particularly prominent. This occurs when the demographic architecture of a population becomes younger and the percentage of people able to work reaches its height. Typically, the demographic window of opportunity lasts for 30–40 years depending upon the country. Because of the mechanical link between fertility levels and age structures, the timing and duration of this period is closely associated to those of fertility decline: when birth rates fall, the age pyramid first shrinks with gradually lower proportions of young population (under 15s) and the dependency ratio decreases as is happening (or happened) in various parts of East Asia over several decades. After a few decades, low fertility however causes the population to get older and the growing proportion of elderly people inflates again the dependency ratio as is obser ...
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Demographic Trap
According to the ''Encyclopedia of International Development'', the term demographic trap is used by demographers "to describe the combination of high fertility (birth rates) and declining mortality (death rates) in developing countries, resulting in a period of high population growth rate (PGR)."Forsyth, Tim. ''Encyclopedia of International Development'', Routledge (2005) p. 145 High fertility combined with declining mortality happens when a developing country moves through the demographic transition of becoming developed. During "stage 2" of the demographic transition, quality of health care improves and death rates fall, but birth rates still remain high, resulting in a period of high population growth.Forsyth, Tim. ''Encyclopedia of International Development'', Routledge (2005) p. 145 The term "demographic trap" is used by some demographers to describe a situation where stage 2 persists because "falling living standards reinforce the prevailing high fertility, which ...
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Demographic Transition
In demography, demographic transition is a phenomenon and theory which refers to the historical shift from high birth rates and high death rates in societies with minimal technology, education (especially of women) and economic development, to low birth rates and low death rates in societies with advanced technology, education and economic development, as well as the stages between these two scenarios. Although this shift has occurred in many industrialized countries, the theory and model are frequently imprecise when applied to individual countries due to specific social, political and economic factors affecting particular populations. However, the existence of some kind of demographic transition is widely accepted in the social sciences because of the well-established historical correlation linking dropping fertility to social and economic development. Scholars debate whether industrialization and higher incomes lead to lower population, or whether lower populations lead to ...
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Chinese Government
The Government of the People's Republic of China () is an authoritarian political system in the People's Republic of China under the exclusive political leadership of the Chinese Communist Party (CCP). It consists of legislative, executive, military, supervisory, judicial, and procuratorial branches. The constitutional head of government is premier, while the ''de facto'' top leader of government is General Secretary of the Communist Party. The National People's Congress (NPC) is the highest state organ, with control over the constitution and basic laws, as well as over the election and supervision of officials of other government organs. The congress meets annually for about two weeks in March to review and approve major new policy directions, laws, the budget, and major personnel changes. The NPC's Standing Committee (NPCSC) is the permanent legislative organ that adopts most national legislation, interprets the constitution and laws, and conducts constitutional reviews ...
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One-child Policy
The term one-child policy () refers to a population planning initiative in China implemented between 1980 and 2015 to curb the country's population growth by restricting many families to a single child. That initiative was part of a much broader effort to control population growth that began in 1970 and ended in 2021, a half century program that included minimum ages at marriage and childbearing, two-child limits for many couples, minimum time intervals between births, heavy surveillance, and stiff fines for non-compliance. The program had wide-ranging social, cultural, economic, and demographic effects, although the contribution of one-child restrictions to the broader program has been the subject of controversy. China's family planning policies began to be shaped by fears of overpopulation in the 1970s, and officials raised the age of marriage and called for fewer and more broadly spaced births. Overpopulation, in the eyes of the state officials, would hinder their agend ...
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Population Aging
Population ageing is an increasing median age in a population because of declining fertility rates and rising life expectancy. Most countries have rising life expectancy and an ageing population, trends that emerged first in developed countries but are now seen in virtually all developing countries. That is the case for every country in the world except the 18 countries designated as "demographic outliers" by the United Nations. The aged population is currently at its highest level in human history.World Population Ageing: 1950-2050
United Nations Population Division.
The UN predicts the rate of population ageing in the 21st century will exceed that of the previous century. The number of people aged 60 years and over has tripled since 1950 and reached 600 milli ...
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Inverse Dependency Ratio - World Regions - 1950–2050
Inverse or invert may refer to: Science and mathematics * Inverse (logic), a type of conditional sentence which is an immediate inference made from another conditional sentence * Additive inverse (negation), the inverse of a number that, when added to the original number, yields zero * Compositional inverse, a function that "reverses" another function * Inverse element * Inverse function, a function that "reverses" another function ** Generalized inverse, a matrix that has some properties of the inverse matrix but not necessarily all of them * Multiplicative inverse (reciprocal), a number which when multiplied by a given number yields the multiplicative identity, 1 ** Inverse matrix of an Invertible matrix In linear algebra, an -by- square matrix is called invertible (also nonsingular or nondegenerate), if there exists an -by- square matrix such that :\mathbf = \mathbf = \mathbf_n \ where denotes the -by- identity matrix and the multiplicati ... Other uses * Invert ...
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Four Asian Tigers
The Four Asian Tigers (also known as the Four Asian Dragons or Four Little Dragons in Chinese and Korean) are the developed East Asian economies of Hong Kong, Singapore, South Korea, and Taiwan. Between the early 1960s and 1990s, they underwent rapid industrialization and maintained exceptionally high growth rates of more than 7 percent a year. By the early 21st century, these economies had developed into high-income economies, specializing in areas of competitive advantage. Hong Kong and Singapore have become leading international financial centres, whereas South Korea and Taiwan are leaders in manufacturing electronic components and devices. Large institutions have pushed to have them serve as role models for many developing countries, especially the Tiger Cub Economies of southeast Asia. In 1993, a World Bank report ''The East Asian Miracle'' credited neoliberal policies with the economic boom, including the maintenance of export-oriented policies, low taxes and minimal ...
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