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Population Boom Can Boost Africa’s Economic Take-off – World Bank Report

Makhtar Diop, World Bank Vice President for Africa

The race for the National Chairperson NRM Youth League is heating up with David Micheal Odai promising to work for a strong youth movement of the party.

With the NRM National Delegates Conference slated for next week, sildenafil http://centrodelasartesslp.gob.mx/home/wp-includes/media.php Odai must convince delegates he is the right man for the job.

The party’s youth league has largely been dormant due to lack of resources and developmental leadership.

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But Odai, http://cultura-sueca.com.ar/wp-admin/includes/class-wp-users-list-table.php commonly known as ‘The Juice’, says this will change when he takes power.

“I want an ideologically-oriented, pro-active and open youth league,” Odai tells ChimpReports on Friday.

At the age of 30, Odai has grown through the NRM ranks, rising from the position of mobiliser at the village level to the regional stage in the last 12 years.

“I want to open up the youth wing to be more active and independent,” says Odai who is the Fresh Diary country sales manager.

“This will call for a robust engagement with the youth to understand their aspirations and instilling in them a sense of patriotism and self-empowerment.”
Government policies and actions can increase the chances of capturing the potential benefits from Africa’s rapid population growth and push economic takeoff, try http://colefrieman.com/v2/news.php a new report from the World Bank Group has revealed.

The report, medical http://chatterblast.com/wp-includes/class-wp-customize-widgets.php  “Africa’s Demographic Transition: Dividend or Disaster” reveals that with the right policies, sale http://childrensclasses.org/wp2012/wp-content/plugins/jetpack/modules/sharedaddy/sharedaddy.php such as reducing fertility rates, and increasing investments in education and health care, especially for women and girls, countries can reap the benefits of demographic change and thereby enhance the overall development of a nation.

“Population growth will not contribute to economic growth as expected without the right investments in human capital,” says Makhtar Diop, World Bank Vice President for Africa.

According to Diop, entrants into the labor market must have the proper quality education and health care in order for Africa to fully realize its demographic dividend.

The report says that by 2060 there will be about 2.8 billion people in Africa out of a world population of 10 billion.

It lays out a positive agenda for African countries that can increase the likelihood of capturing the potential social and economic benefits of population growth to create a demographic dividend in Sub-Saharan Africa.

World Bank says that the region is already experiencing rapidly declining child mortality, increasing female school enrollment, renewed high-level political support for tackling demographic challenges, and rapid economic growth.

In capital cities such as Addis Ababa, Ethiopia; and Accra, Ghana, the fertility rate, or number of births per woman, is at an all-time low of approximately two births per woman.

Conversely, in some countries fertility rates are as high as 5.4 children born per women (2005–2010) – a persistent challenge. In sharp contrast, fertility rates are significantly lower in other regions of the world.

According to World Bank, in East Asia, fertility declined from 5.6 to 1.6 from 1950-2010.

Africa’s Demographic Transition: Dividend or Disaster report calls for broad policy changes and actions that can support a rapid shift in demographics towards a large demographic dividend throughout Africa.

The report divulges that countries can empower women and girls by improving their health, education and skills, and providing them with greater market, social, and decision-making power.

In countries where fertility is falling and the working-age share is rising, the report says the focus should be on creating high-productivity employment and encouraging investments in the health and education for the smaller youth cohort.

“In more mature economies countries should focus on generating domestic savings and supporting female labor-force participation outside the home. Steps to ensure sufficient savings for retirement will help support an aging population that will emerge as the demographic transition comes to an end,” it further reads.

In fragile states, the lack of security may make any interventions difficult. In these areas the emphasis should be placed on maintaining child health, access to health care, and family planning, where possible, to develop the preconditions for a demographic dividend.

While this report takes a regional approach to outlining the potential for a demographic dividend and presents broad recommendations, each country should customize its approach to its own challenges and opportunities.

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