Abstract
The world’s populatıon is expected to increase by 2 billion people within the next 30 years, from current 7.7 billion to 9.7 billion in 2050. By 2050, the population of Central Asia is expected to grow by 36.9%, which is faster than the world average of 26.2%, crossing benchmark of 100 million people. Under conditions of UN demographic projections, Kazakhstan would need to maintain its yearly real GDP growth between 4.3% and 4.7% throughout 2020-2050 in order to maintain its current level of welfare relative to the rest of the world. Kazakhstan, as well as the entire region of Central Asia, has a demographic profile that is very favorable for having economic growth within the next three decades.
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