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India’s Demographic Trends: Implications for Growth and Capital Markets

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  • Mukul Asher

Abstract

India is in a favourable demographic phase, which has the potential to increase its trend rate of growth and depth of its financial and capital markets. These effects however are not likely to be automatic. Rising working age population share also implies the need to shift the balance between preserving existing jobs and creation of new jobs towards the latter. This will require reforms in several areas, including in fiscal systems, and labor markets. Presentation for Mirae Asset Forum, Seoul, May 9, 2006.

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  • Mukul Asher, 2006. "India’s Demographic Trends: Implications for Growth and Capital Markets," Working Papers id:482, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:482
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