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Celebrating youth in PH (Part 1)


Published May 4, 2021, 6:00 AM
The pandemic has highlighted the greatest economic treasure the Philippines has, its human resources.  We continue to have a young, growing and English speaking population that is referred to as our demographic dividend.  In contrast, all developed countries as well as some of the emerging markets in Asia like China, Thailand, Vietnam and Indonesia are already showing signs of rapidly falling fertility rates and ageing that can dampen their economic growth in the next decade or so.  Heavy pressures on pension funds and social security systems, labor shortages, and dwindling domestic markets are already worrying the leaders of even the most populous country in the world, China.  Because of unwise population control programs in the past, China is already rapidly ageing before becoming rich.  We should be thankful that population control programs that some of our past governments tried to impose were not successful.  Our population today of cl ....

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