Making the Most of Demographic Change in Southern Africa

The countries of the Southern African Customs Union have relatively diverse demographic and economic starting points. These economies have the potential to realize demographic dividends and experience an acceleration in their income per capita grow...

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Main Authors: Ahmed, S. Amer, Cruz, Marcio
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/08/26701359/making-most-demographic-change-southern-africa
http://hdl.handle.net/10986/25043
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recordtype oai_dc
spelling okr-10986-250432021-04-23T14:04:28Z Making the Most of Demographic Change in Southern Africa Ahmed, S. Amer Cruz, Marcio demographic dividend growth poverty SACU customs union The countries of the Southern African Customs Union have relatively diverse demographic and economic starting points. These economies have the potential to realize demographic dividends and experience an acceleration in their income per capita growth and poverty reduction progress through forthcoming shifts in their age structures. Between 35 and 75 percent of poverty reduction in 2015-50 in Southern African Customs Union economies could be attributed to demographic shifts in a business-as-usual scenario of economic development, if employment rates are at least maintained. The magnitude of the demographic dividends could be greater if countries are able to achieve policy outcomes in parallel in the areas of education, savings-investment, and employment. Scenario analyses of these different policy outcomes interacting with the shifting age structures in different ways suggest quantitatively different economic impacts despite qualitatively similar policies. Improving educational attainment is found to be most important in Lesotho and Swaziland; mobilizing savings for higher investment can be most useful for Botswana; and improving employment rates, especially by closing gender gaps, can be most useful for South Africa and Namibia. 2016-09-12T22:02:15Z 2016-09-12T22:02:15Z 2016-08 Working Paper http://documents.worldbank.org/curated/en/2016/08/26701359/making-most-demographic-change-southern-africa http://hdl.handle.net/10986/25043 English en_US Policy Research Working Paper;No. 7798 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Southern Africa Botswana Lesotho Namibia South Africa Swaziland Eswatini
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic demographic dividend
growth
poverty
SACU
customs union
spellingShingle demographic dividend
growth
poverty
SACU
customs union
Ahmed, S. Amer
Cruz, Marcio
Making the Most of Demographic Change in Southern Africa
geographic_facet Africa
Southern Africa
Botswana
Lesotho
Namibia
South Africa
Swaziland
Eswatini
relation Policy Research Working Paper;No. 7798
description The countries of the Southern African Customs Union have relatively diverse demographic and economic starting points. These economies have the potential to realize demographic dividends and experience an acceleration in their income per capita growth and poverty reduction progress through forthcoming shifts in their age structures. Between 35 and 75 percent of poverty reduction in 2015-50 in Southern African Customs Union economies could be attributed to demographic shifts in a business-as-usual scenario of economic development, if employment rates are at least maintained. The magnitude of the demographic dividends could be greater if countries are able to achieve policy outcomes in parallel in the areas of education, savings-investment, and employment. Scenario analyses of these different policy outcomes interacting with the shifting age structures in different ways suggest quantitatively different economic impacts despite qualitatively similar policies. Improving educational attainment is found to be most important in Lesotho and Swaziland; mobilizing savings for higher investment can be most useful for Botswana; and improving employment rates, especially by closing gender gaps, can be most useful for South Africa and Namibia.
format Working Paper
author Ahmed, S. Amer
Cruz, Marcio
author_facet Ahmed, S. Amer
Cruz, Marcio
author_sort Ahmed, S. Amer
title Making the Most of Demographic Change in Southern Africa
title_short Making the Most of Demographic Change in Southern Africa
title_full Making the Most of Demographic Change in Southern Africa
title_fullStr Making the Most of Demographic Change in Southern Africa
title_full_unstemmed Making the Most of Demographic Change in Southern Africa
title_sort making the most of demographic change in southern africa
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/08/26701359/making-most-demographic-change-southern-africa
http://hdl.handle.net/10986/25043
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