DEMOGRAPHIC DIVIDEND IN BANGLADESH: OPPORTUNITIES AND CHALLENGES

Sakina Dilruba Ahmed

Abstract


The demographic dividend refers to the potential economic benefit offered by changes in the age structure of the population, when there is an increase in working-age population and an associated decline in the dependent age population. More people in the working age group and lower dependency ratio mean higher saving and investable surplus, leading to higher economic growth. The prime objective of this article is to explore how Bangladesh can be benefitted by the optimum utilization of demographic dividends; as well as the challenges Bangladesh might face if they remain unutilized. The paper gave main emphasis on secondary data. Demographic dividend is the window of opportunity that opens for a population only once. How much benefit Bangladesh will realize from this demographic dividend depends on employment opportunities in the economy. If there is little employment opportunities, a large part of the increased labor force will remain unemployed, hindering the benefit to be reaped from demographic dividend. Benefits of demographic dividend also depend on human resource development. Bangladesh has to concentrate on developing several policies for all levels of education including vocational education and training to create a skill workforce. If we fail to grab this opportunity immediately, this young population could create a disastrous hazard for the nation.


Full Text:

pdf

References


REFERENCES

Drummond, Paulo.,Thakoor, Vimal., and Yu, Shu(August 2014) Africa Rising: Harnessing the Demographic Dividend. IMF working paper, African department

Haider, Abu Afsarul.( June 2014).Demographic Dividend Could Turn Into Demographic Burden, The Independent

Matin, Khan A. (2012).The Demographic Dividend in Bangladesh: An Illustrative Study, Dhaka, Bangladesh: 18th Biennial Conference of the Bangladesh Economic Association.

Navaneetham, K. & Dharmalingam, A. (2009).Age Structural Transitions, Demographic Dividend and Millenium Development Goals in South Asia: Opportunities and Challenges. Morocco: International Population Conference.

Newaz ,Muhammad Tanvi, Faruquee, Murtaza & Farha, Sadia (October 2013) International Journal of Research Studies in Education. Volume 2 Number 4, 29-40.

Sabet, Daniel M. &Tazreen, Afsana. (October 2013). Human Capital: The Missing Link for Future Economic Growth. Bangladesh: University of Liberal Arts Bangladesh.

Shohag, Abdullah Al Mahmud.(August 2015) Demographic dividend: Reality and possibility for Bangladesh. The Independent.

The World Bank. (November 2006). The Bangladesh Vocational Education and Training System: An assessment. Dhaka, Bangladesh.


Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.