National Economic Strategy from a demographic perspective

Abstract

This paper explores the importance of a national economic strategy from a demographic perspective for sustainable economic growth. It highlights the significance of considering changing age composition, gender balance, and ethnic diversity of the population to identify potential opportunities and challenges. The paper emphasizes the need to address aging population concerns to mitigate negative effects on economic growth, such as increasing healthcare costs and decreasing the labor force. Encouraging diversity and inclusion through policies and initiatives can also help ensure all members of society have equal access to opportunities and contribute to the economy, resulting in a more inclusive and robust economy