With the right conditions in place — education, entrepreneurialism, and environmental awareness among them — a young, eager, educated workforce can be the key to prosperity.
When conditions are right, large numbers of young workers can drive a nation’s growth to remarkable levels. This theory is known as the “demographic dividend,” a phrase coined by demographer David Bloom. He proposes that when young working-age adults comprise a disproportionate percentage of a country’s population, the national economy is affected in positive ways.
