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Reviving Jobs: - An Agenda for Growth (Hardcover)
Loot Price: R466
Discovery Miles 4 660
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Reviving Jobs: - An Agenda for Growth (Hardcover)
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Loot Price R466
Discovery Miles 4 660
Expected to ship within 12 - 17 working days
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Every country in the world experiences the benefits of its
demographic dividend, a period that comes but once in the life of a
nation-when the share of the working-age population is larger than
the non-working-age share. It has the potential to make a country
progress towards higher incomes and development. But it can also
become a nightmare if there aren't enough jobs. India entered this
period in 1980, and by the time it ends in 2040, ours will be an
ageing society. As more and more youth reach working age, an
increasing number of workers are moving from agriculture towards
industry and services, sectors which have higher productivity and
incomes. Higher incomes generate increased savings, which, when
invested, convert into GDP growth, leading to development. Since
2012, the number of youth entrants into the labour force has
increased at an accelerating pace, while the number of jobs created
has decreased. This situation might become graver between 2020 and
2030 as the labour force swells further. Reviving Jobs, the third
volume in the Rethinking India series, offers suggestions on how
India can make the best use of the remaining period of its
demographic dividend-any failure to do so will cause millions to
suffer in poverty for decades to come.
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