Tap Demographic Dividend
Summary
Nepal must turn its large working-age population into productive growth before the demographic dividend closes. A World Bank report warns that informality, dependence on remittances, and weak social protection could leave the country struggling with an ageing society.
Key Points
- South Asia’s working-age population is expected to peak within the next decade, making Nepal’s demographic window time-sensitive.
- More than 60 percent of employed Nepalis work in the informal sector, limiting wages, job security, and social protection.
- Nepal’s heavy reliance on remittances has reduced poverty, but the economy still lacks strong domestic productive opportunities.
- The government is urged to create jobs, support education and startups, expand women’s participation, and strengthen healthcare and retirement systems.
