5 ms·
Yes, happened to Brazil. When you've squandered your demographic dividend without escaping poverty it's basically game over.
by f00zz 5y ago
Yes, happened to Brazil. When you've squandered your demographic dividend without escaping poverty it's basically game over.
- chillacy 5y agoAlso related to the https://en.m.wikipedia.org/wiki/Middle_income_trap https://en.m.wikipedia.org/wiki/Middle_income_trap
- catlikesshrimp 5y agoReference? (What are you talking about?)
- f00zz 5y agoMany developing countries go through a phase when fertility/mortality rates start to decline, and for a while they'll get an economic boost while the working-age population grows at a faster rate than the non-working-age population. That's when East Asian countries laid the foundation for their economic growth. https://en.wikipedia.org/wiki/Demographic_dividend https://en.wikipedia.org/wiki/Demographic_dividend