UNICEF: Kazakhstan Could Boost GDP by 14% Through Investments in Children
Kazakhstan could boost its GDP by up to 14% by 2050 through stronger investment in children’s education, health, and social well-being, according to a new UNICEF regional report Generation 2050: Central Asia, presented in Almaty on Nov. 26.
The analysis highlights that Kazakhstan’s favorable demographic structure with a dependency ratio of 62 non-working individuals per 100 working adults provides a unique opportunity to accelerate long-term economic growth.
UNICEF experts note that a large and growing youth population positions the country to build a highly competitive next-generation economy.
Education quality and opportunity for growth
According to the report, improving the quality of education is among the most effective strategies for increasing human capital. Despit...
