demographic dividend Flashcards

1
Q

what is a demographic dividend

A

the benefit a country gets when its working population outgrows its dependant, boosting economic productivity

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2
Q

what country is in a demographic dividend

A

Asia

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3
Q

in what stage of the DTM is a demographic dividend

A

3

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4
Q

when would a demographic dividend be a wasted opportunity

A
  1. poor education attainment

2. lack of transparacy/democracy in a government

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5
Q

what are the disadvantages of a demographic dividend

A
  1. boost in productivity means a higher demand which will cause environmental degration and a pressure on natural resources
  2. the bulge in the DTM will move up, creating an ageing population
  3. it is a ‘one time opportunity’
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6
Q

in what stage of the DTM does the second dividend occur

A

4

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7
Q

what Is a second dividend

A
  • people are living longer which means more elderly dependants, a smaller workforce and a lower BR, creating a negative change
  • an ageing population means people are retiring later and they have more assets like savings, which turns national wealth into personal wealth
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