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The Demography and Economics of the World's `Youth Bulge'

Publication Abstract

Lam, David. 2007. "The Demography and Economics of the World's `Youth Bulge'." Development Outreach, June.

There are currently 1.5 billion people aged 12-24 in the world, with 1.3 billion of them in developing countries. Many developing countries have reached or will soon reach a historical peak in the size of their youth population, a peak that is probably the largest number of young people these countries will ever see. This short article examines this “youth bulge,” charting changes in the 12-24 year-old population in major areas of the world since 1950 and projected to 2050; identifying causes and effects of these changes; and looking ahead at economic challenges and opportunities.

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