'Demographic dividends' far from being achieved'

A GLOBAL investment banker rejected the idea that the Philippines will reap demographic dividends because of its young population, with many individuals under 30 expected to remain in the workforce for decades.

"When you're telling 20 percent of the people who come into the workforce every year to go abroad or starve, that is not a demographic dividend," Stephen CuUnjieng said at The Manila Times midyear economic briefing on Thursday.