Opinion | Dividend or disaster?
Summary
Nepal faces a critical need to create 6.5 million jobs by 2050 to capitalize on its demographic dividend, but low human capital and insufficient investment in health and education threaten this potential.
Key Points
- Nepal must create 6.5 million jobs by 2050 to benefit from its rising working-age population.
- The country's Utilization-Adjusted Human Capital Index is only 0.18, indicating low productive potential realization.
- Women’s participation in the formal economy remains low, with less than one in three working-age women employed.
- Government spending on education and health is insufficient to prepare the youth for future economic challenges.
