Ms. Rina Bhattacharya, Tarik Yousef, and Mr. Pierre Dhonte
in the 21 st century. Already, fertility rates have experienced a sharp decline in a number of countries and the overall growth rates are projected to decelerate gradually over the next 25 years.
Equally significant, the demographyofMED will be shaped by the trends in age structure: the expanding bulge in the middle and the shrinking younger tail in the age distribution of the population. The share of the working age group in the total population has been rising from 52 percent in 1970 to 57 percent today, a trend that is projected to accelerate in the next