The demographic transition creates a window of opportunity during which economies may benefit from a temporary increase in the working age share of the population. While many economies have already enjoyed these benefits, they remain a promising opportunity for much of Sub-Saharan Africa. We show in this paper that Sub-Saharan Africa adheres to the same principles as the rest of the world with respect to the determinants of economic growth, including particularly the effects of demographic change. Assuming a policy and institutional context that is conducive to economic growth, most Sub-Saharan countries have the potential to reap a sizable demographic dividend.
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Paper provided by Program on the Global Demography of Aging in its series PGDA Working Papers with number
2307.
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[Downloadable!] (restricted)
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
David E. Bloom & David Canning & Jocelyn E. Finlay, 2008.
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[Downloadable!]
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