The demographic transformation sweeping the emerging world has
profound implications for U.S. development policy. The challenge is
no longer helping countries overcome the obstacles to development
posed by high birthrates and rapid population growth, but
leveraging the opportunities created by falling birthrates and
slowing population growth. This report discusses how developing
countries can best leverage their "demographic dividends" in order
to boost income and wealth while they are still young and growing,
as well as how they can prepare for the inevitable aging of their
populations that looms just over the horizon. It also explores what
the emerging new demographic realities imply for the optimal shape
of U.S. development policy in decades to come.
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