The demographic dynamics in India and China have major impacts on global economic development. Seeking to reassess the demographic race between the two countries with a focus on human capital and labor force quality instead of population size or age structure, researchers have looked at the productivity-weighted labor force (PWLF), which takes into account both the educational structure of the population and the quality of the educational system.
Rethinking the demographic race: What is the future economic potential of India and China?
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