https://joom.ag/X5je policy brief-psia-uzbekistan-eng_3 | Page 24

Addressing Urban Poverty in Uzbekistan in the Context of the Economic Crisis VI. Some Major Demographic Trends In the near term, demographic trends could be promising for Uzbekistan— if it is able to generate sufficient employment. The share of the working-age population has been growing. While this share was 49.1% in 1990, it had risen to 59.5%, or over 10 percentage points, by 2007 (Table 4). If the economy of Uzbekistan is able to supply the rising number of new entrants into the labour force with decent jobs, it could enjoy a ‘demographic dividend.’ The larger share of employed workers in the total population could generate a higher income per person, since there would be a correspondingly lower share of young and old dependants. Table 4. Changing Demographic Conditions 1990 1995 2000 2007 Percentage of Working Age Population* 49.1% 49.6% 53.0% 59.5% Percentage of Women of Childbearing Age* 23.4% 24.4% 26.1% 28.3% Source: State Statistics Committee and Ministry of Labour and Social Protection. * Relative to total resident population, end of year. As long as Uzbekistan focuses, on channeling strategic resources to the energy and fuel complex and other such capital-intensive sectors, it will not be able to create sufficient employment opportunities But this ‘demographic dividend’ is a prospect, not a guarantee. For the medium term, there will be continuous pressure on the economy to provide additional jobs. However, as long as Uzbekistan focuses on channeling strategic resources to the energy and fuel complex and other such capital-intensive sectors, it will not be able to create sufficient employment opportunities. In 1990, the share of women entering child-bearing age was only 23.4%, but, by 2007, that share had risen to 28.3%. Uzbekistan’s birth rate, which had been in secular decline since the mid-1990s and caused the current slow growth in the share of people under 16 years of age, is thus set to rise again. This will presumably lead to an eventual increase in the share of the total population under 16 years of age and could depreciate the ‘demographic dividend.’ 23