Can a nuclear deal help Iran’s young labor force?

Can a nuclear deal help Iran’s young labor force?

Iran is poised to reap a vast “demographic dividend” if the appropriate national and international policies are adopted, including a nuclear deal with the P5+1 (five permanent members of the UN Security Council, plus Germany). The demographic dividend is the accelerated economic growth that countries may experience when the working-age population expands relative to the total population, as is the case in Iran today. When more working-age adults have fewer children to support (because of declines in fertility), a country has a window of opportunity for rapid economic growth if the appropriate social and economic policies are in place.

A nuclear deal that leads to the removal of economic sanctions on Iran could provide just this opportunity for Iran: a chance to participate in the global economy on a much greater scale and create the most needed jobs for its large and relatively educated labour force.