Abstract.Day3.Mswengwa

Intergenerational Economic Flows and Demographic Dynamics in Tanzania: Insights from the National Transfer Accounts Framework

Amina S. Msengwa, Mwinyi Mwinyi, Juma Nguyu, Samwel Msokwa, and Shadrack Kibona

This study examines intergenerational economic transfers in Tanzania utilizing the National Transfer Accounts (NTA) methodology, concentrating on changes in consumption and labour income among different age cohorts. The techniques entail mapping the economic lifecycle to measure life cycle deficits and surpluses. Findings reveal substantial deficiencies among young people in Tanzania (under 24 years) stemming from restricted labour income and educational reliance, as well as among the elderly (over 70 years) due to diminished workforce engagement. in contrast, working-age people (30-49 years) are characterized by a surplus resulting from more income generation than they spend, therefore supporting the economy. The discourse emphasizes the implications of these findings for resource allocation, tackling demographic issues including the youth bulge, ageing populations, and economic stability. This study suggests that customized policies are essential to ensure resource distribution and guarantee sustainable economic development for all age groups.