Africa Rising: Harnessing the Demographic Dividend

The International Monetary Fund (IMF) released an August 2014 working paper revealing "Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100." The authors of the paper, Paulo Drummond, Vimal Thakoor, and Shu Yu, state that the increase in this working age population "creates a window of opportunity, which if properly harnessed, can translate into higher growth and yield a demographic dividend." To translate this opportunity into concrete economic growth, the right supportive policies fostering human capital accumulation and job creation must be in place.

For more information access working paper WP/14/143, Africa Rising: Harnessing the Demographic Dividend.