Reaping Demographic Dividend in Bangladesh: Challenges and Prospects

1
Md. Safiullah Kayesh
Md. Safiullah Kayesh
2
Mallika Roy
Mallika Roy
1 Department of Economics, University of Chittagong

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Demographic change in Bangladesh is opening up new economic opportunities. As in many countries, declining infant and child mortality helped to spark lower fertility, effectively resulting in a temporary baby boom. As this cohort moves into working ages, Bangladesh finds itself with a potentially higher share of workers as compared with dependents. If working-age people can be productively employed, Bangladesh’s economic growth stands to accelerate. Theoretical and empirical literature on the effect of demographics on labor supply, savings, and economic growth underpin this effort to understand and forecast economic growth in Bangladesh. Policy choices can potentiate Bangladesh’s realization of economic benefits stemming from demographic change. Failure to take advantage of the opportunities inherent in demographic change can lead to economic stagnation.

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The authors declare no conflict of interest.

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Md. Safiullah Kayesh. 2016. \u201cReaping Demographic Dividend in Bangladesh: Challenges and Prospects\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 16 (GJHSS Volume 16 Issue E2): .

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GJHSS Volume 16 Issue E2
Pg. 11- 20
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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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Demographic change in Bangladesh is opening up new economic opportunities. As in many countries, declining infant and child mortality helped to spark lower fertility, effectively resulting in a temporary baby boom. As this cohort moves into working ages, Bangladesh finds itself with a potentially higher share of workers as compared with dependents. If working-age people can be productively employed, Bangladesh’s economic growth stands to accelerate. Theoretical and empirical literature on the effect of demographics on labor supply, savings, and economic growth underpin this effort to understand and forecast economic growth in Bangladesh. Policy choices can potentiate Bangladesh’s realization of economic benefits stemming from demographic change. Failure to take advantage of the opportunities inherent in demographic change can lead to economic stagnation.

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Reaping Demographic Dividend in Bangladesh: Challenges and Prospects

Mallika Roy
Mallika Roy
Md. Safiullah Kayesh
Md. Safiullah Kayesh Department of Economics, University of Chittagong

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