India, however, seems to be in a demographic sweet spot with its working-age population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income levels.India will remain close to its peak for a much longer period than other countries.
Large working age populations relative to the overall population appear to benefit from greater economic dynamism.
Younger populations are more entrepreneurial (adding to productivity growth); tend to save more, which may also
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