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A private sector-led development approach can turn the youth bulge from a liability to an asset, paying out a 'demographic dividend' as young workers accumulate wealth without a large retired population to support. Many observers credit China's demographic dividend with a portion of its incredible growth. With 56 percent of Pakistan's population under 21, Pakistan is poised to see millions of youth enter their productive twenties and thirties. Expanding business can employ this population,Michael Kors Handbags, reaping the rewards of inexpensive, productive, and skilled labour.