Thus while the country benefits from rising oil and natural gas prices it is

Thus while the country benefits from rising oil and

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Thus, while the country benefits from rising oil and natural gas prices, it is also severely affected when these prices collapse as is the case cur- rently. The dependence on oil and natural gas has had the perverse effect (Dutch Disease) of compromising the growth and development of the non-energy economy which is heavily ori- ented toward imports of consumption and inter- mediate goods and, with few exceptions in food and beverage manufactures, is disincentivised to produce goods and services which can compete successfully in the global markets. AGEING POPULATION AND MIGRATION In 2011, the population of Trinidad and Tobago was estimated at 1.32 million people. 29 Further, The National Population and Development Policy (NPDP) 2014‒2020 highlighted the importance of planning for demographic changes based on other data trends revealed in the 2011 population cen- sus. The Population Situation Analysis (PSA) 30 on demographic change and inequality in the NPDP revealed the following population considerations: Trinidad and Tobago has an ageing population: The median population age is 32.6 years and 13 percent of the total population is 60 years and over; The mid-year population estimate for 2014 was 1,345,343 persons. The national population growth rate between 2000 and 2011 was 0.4 percent per annum; The average household size has decreased from 4.0 persons per household in 1990 to 3.3 in 2011. Single occupant households were becoming more prevalent; Urban development was encroaching on agri- cultural and environmentally zoned regions. Further accompanying migratory shifts places pressure on land-use water and other resources. There is an urgent need for sustainable building and sustainable use of land which can improve the social, environmental and economic perfor- mance of our urban centres; 29 Central Statistical Office of Trinidad and Tobago 30 Source: Trinidad and Tobago National Population and Development Policy 2014-2020, Ministry of Planning and Development, 2015)
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0.4% per annum national population growth rate between 2000 and 2011 13% percentage of the total population 60 years and over 3.3 persons average household size in 2011 Having attained the goal of universal primary and secondary education, Trinidad and Tobago is now faced with gender disparities in the edu- cation system where female enrolment and educational attainment exceed males; The labour market favoured males: larger pro- portions of the female labour force than the male labour force were unemployed and seek- ing employment; Trinidad and Tobago’s popularity as a migrant destination is placing greater pressure on the State’s law enforcement, legislative and admin- istrative systems; and Despite improvements in the provision of tertiary education system, the brain drain continues Based on the above findings, it is evident that the demographic drivers of fertility, mortality and migration are becoming increasingly important in determining policy responses to health care, edu- cation, housing, labour, pensions and social secu- rity. It also brings to the fore the economic and social costs associated with an aging population.
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