Young people matter. They matter because an unprecedented 1.8 billion youth are alive today, and because they are the shapers and leaders of our global future. They matter because they have inherent human rights that must be fulfilled. Yet, in a world of adult concerns, young people are often overlooked. This tendency cries out for urgent correction, because it imperils youth as well as economies and societies at large.
Young people and the demographic dividend
Many of the countries with the largest portions of youth today are among the poorest in the world, but they are also on the cusp of the demographic transition that can
yield a demographic dividend. Transition begins as fertility and mortality rates start to fall, leaving fewer dependents. More people, proportionally, are in the workforce. The dividend comes as resources are freed for economic development, and for greater per capita spending on higher quality health and education services. Economic growth takes off. A virtuous cycle begins where capabilities and opportunities continuously expand.
Chosen excerpts by Job Market Monitor. Read the whole story at UNFPA – State of World Population 2014.
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