THEORETICAL INVESTIGATION OF DEMOGRAPHIC DIVIDEND AND ITS RELATION WITH SOCIO-ECONOMIC DEVELOPMENT: A SYSTEMATIC REVIEW

Abstract

The study describes various issues, factors, and population policies and elements responsible for the demographic transition throughout the world. In this study the researcher has reviewed the selective literature of previous two decades to provide a strong base to the study. A number of models depicting the demographic transition have been presented and used also for framing a new model. The literature has also focused on the theories, models and approaches related to the demographic change from pessimistic view point (Population as a problem) and optimistic view point (Population as a positive indicator of development). The principal concern of this study is the utilization of current demographic dividend prevailing in Pakistan for the betterment of socio-economic sector of the country. This situation can be elaborated in its best form by analyzing various indicators associated to the population such as human capital formation, migration, entrepreneurship, education, employment labor force participation etc.