Developing countries urged to reap "demographic dividend"

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Telavi youth festival volunteers – UNFPA

Young people are key to future economic and social progress in developing countries according to a report released by the United Nations Population Fund, (UNFPA).

The State of World Population 2014 report reveals that there are more young people in the world, an estimated 1.8 billion, than ever before.

It says developing countries with large youth populations could see their economies soar, provided they invest heavily in young people's education and health as well as protect their rights.

The potential economic gains would be realized through what the report calls a "demographic dividend," which describes a situation when a county's working age population is larger than the non-working population.

The UNFPA Executive Director, Dr. Babatunde Osotimehim said that young people are the innovators, creators, builders and leaders of the future.

But he added they can transform the future only if they have skills, good health, and decision-making powers.

UNFPA says that nine in ten of the world's young people live in less developed countries.

Jocelyne Sambira, United Nations

Duration:  1’10″

 

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