Population Reference Bureau, April 2013
Prepared for CoM 2013, “Industrialization for an Emerging Africa”, the five factsheets describe the demographic dividend and the opportunities that this dividend presents for Africa: http://www.prb.org/Reports/2013/africa-demographic-dividend.aspx
The demographic dividend is the accelerated economic growth that may result from a rapid decline in a country’s fertility and the subsequent change in the population age structure. With fewer births each year, a country’s working-age population grows larger in relation to the young dependent population. With more people in the labor force and fewer young people to support, a country can exploit the window of opportunity for rapid economic growth if the right social and economic investments and policies are made in health, education, governance, and the economy. While the benefits of a dividend can be great, the gains are neither automatic nor guaranteed.