Demographic dividend in Bangladesh: An application of national time transfer accounts with age and gender (Muhammad Moshiur Rahman)
The Demographic Dividend for Bangladesh is described for 2010 based on age and gender. According to data for 2010, the Gross Domestic Product (GDP) of Bangladesh is Taka 7,967 billion, and aggregate household consumption is 5,969 billion. According to the population census of 2011, the total population is 149.8 million with a male/female ratio of 100.3:100. Using information from the household income and expenditure survey (HIES) of 2010, the labor force survey (LFS) of 2010, the time-use survey (TUS) of 2012, and the population census, we estimate the National Transfer Accounts (NTA) and the National Time Transfer Account (NTTA) for Bangladesh. We show how gender and age groups in the population are contributing to the economy through formal and informal economic activities. We also demonstrate that Bangladesh is experiencing a Demographic Dividend with its huge working-age population and how this contributes to national income through labor income. Moreover, we show how private and public consumption affect macroeconomic activities. Finally we discuss policy issues related to the Demographic Dividend, population aging, and gender.