Demographic Dividend and Social Well-Being in Burkina Faso: Evidences From Household Living Conditions Surveys

Abstract

The aim of this paper was to analyze the impact of demographic dividend on social well-being in Burkina Faso using data of Household Living Conditions Surveys with vector correction model. The findings show that the demographic dividend is the key driver of social well-being at long time. However, harnessing the demographic dividend is accompanied by an increase in consumption of electricity per capita and inflation that reduce the impact of the demographic dividend. These findings suggest the necessity to reinforce the actions in the area of health, education, economic policies, governance and particularly employment to harness the demographic dividend. Government of Burkina Faso could encourage the solar electricity and also develop strategy to reduce the impact of inflation on the life of population.