Articles
Competition refresher
Buy and subscribe here Competition refresher published this article page no 1 the demographic dividend results from an increase in the proportion of workers relative to non-workers in the population. in terms of age the working population is roughly that between 15 and 64 years of age. this working age group must support itself as well as those outside this age group i.e. children and elderly people who are unable to work and are therefore dependents. changes in the age structure due to the demographic transition lower the dependency ratio or the ratio of non-working age to working-age population thus creating the potential for generating growth. but this potential can be converted into actual growth only if the rise in the working age group is accompanied by increasing levels of education and employment. if the new entrants to the labour force are not educated then their productivity remains low Competition refresher