Demographic dividend Flashcards
what is the dependency ratio?
shows how many young people (under 16) and older people (over 64) depend on people of working age
high dependency ratio
countries which have a high dependency ratio have more people not of working age and fewer people working and paying taxes
life expectancy
average age to which the population lives
what are the problems with comparing dependency ratio data
different retirement ages
age at which children work
productivity of 65+
what is demographic dividend
the benefit a country gets when it’s working population outgrows its dependents
the dividend may be a wasted opportunity?
there is poor educational attainment
lack of transparency and democracy in governements
what are the disadvantages of the demographic dividend
boost in productivity will create extra demand in the economy which may cause environmental degradation and pressure on resources
second demographic dividend
during stage 4 people are living longer and there is now more elderley dependents and a smaller workforce