Wednesday, December 31, 2003
The world's youngest nation
This post is dedicated to Edward Hugh, who worries about the economic effects of changing demographics more than most. Outlook, the Indian newsmagazine, is carrying a special issue on the world's youngest nation -- India (54% of the country's 1 billion plus population is under 25).
The demographic bulge that has created these staggering numbers can cause a "revolution of expectations". It could transform us as a nation if we tap the implicit potential. It could trip us if we don’t! What do the numbers mean?
This is an angle that a lot of commentators overlook in making comparisons between India and China -- that India is younger and will also overtake China's population in about 15 years. In any case, it's a good cover story to end what's been a fantastic year for India (the feel-good spirit in the country has to be seen to be believed) with. Contributors include Azim Premji, Anil Ambani and President Kalam.
The demographic bulge that has created these staggering numbers can cause a "revolution of expectations". It could transform us as a nation if we tap the implicit potential. It could trip us if we don’t! What do the numbers mean?
This is an angle that a lot of commentators overlook in making comparisons between India and China -- that India is younger and will also overtake China's population in about 15 years. In any case, it's a good cover story to end what's been a fantastic year for India (the feel-good spirit in the country has to be seen to be believed) with. Contributors include Azim Premji, Anil Ambani and President Kalam.
