SA has been “sadly lacking” in the supporting conditions necessary for a country to maximise the potential benefits of its demographic transition, a Statistics SA report released on Wednesday has concluded. The report — Whither a Demographic Dividend SA: The Overton Window of Political Possibilities — concluded that SA had undergone a demographic transition that had the potential to generate a democratic dividend. However, the necessary socioeconomic preconditions and required government policies had been absent. These conditions included low unemployment, policies that successfully supported economic growth and created jobs; good governance; education and training; and healthcare and family planning. A demographic dividend is the additional economic growth associated with a demographic transition. Its achievement requires a strong economy. The potential for a demographic dividend arises when a country experiences a long-term increase in its working-age ratio, which is the percentag...

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