South Asia risks wasting demographic dividend due to insufficient job creation, per World Bank.
South Asia faces a risk of "squandering its demographic dividend" due to insufficient job creation, according to the World Bank. Despite a projected 6.0-6.1% growth for 2024-25, the region struggles to match job creation with increasing working-age populations, which has resulted in a decline in employment ratios. This situation could hinder economic development and prevent South Asia from fully benefiting from its growing workforce.
April 02, 2024
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