Assistant Professor, Deaprtment of Economics, D. A. V College, Chandigarh, India
Online published on 11 July, 2017.
Demographic dividend refers to a period-usually 20 to 30 years-when fertility rates fall due to significant reductions in child and infant mortality rates. As women and families realize that fewer children will die during infancy or childhood, they will begin to have fewer children to reach their desired number of offspring, further reducing the proportion of non-productive dependents. This fall is often accompanied by an extension in average life expectancy that increases the portion of the population that is in the working age-group. This cuts spending on dependents and spurs economic growth.
