THE RISK OF IMBALANCES IN THE FINANCING OF SOCIAL PROTECTION IN YJE CONTEXT OF DEMOGRAPHIC AGEING

• Authors: Boboc Cristina , Voineagu Vergil
• Languages of publication: EN

Abstracts

EN

In the next decades, developed countries will experience dramatic changes in their demographic trends. The retirement of the wide baby-boom generations, the increase in life expectancy and the decline in fertility ratios are likely to modify the size and the age-structure of their populations. The expected population ageing in European countries will burden the pension systems, especially wherever the pay-as-you-go pillar is predominant. Recently, migration has received a widespread attention as a solution to expected population decline and ageing in these countries. The flow of (young) migrants to developed countries is perceived as a means to alleviate the financial burden of pension systems. The aim of this contribution is to clarify the issue of aging on labor and capital markets in a macroeconomic perspective. A special attention is given to the risk of imbalances in the financing of social protection in the context of demographic ageing.

Keywords

EN

AGEING; DEMOGRAPHIC TREND; SOCIAL PROTECTION

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wyższa Szkoła Finansów i Zarządzania w Warszawie
• Journal: Contemporary Economics
• Year: 2008
• Issue: 1(5)
• Pages: 69-81
• Document type: ARTICLE

Contributors

author

Boboc Cristina

author

Voineagu Vergil

• Cristina Boboc, Academy of Economic Studies, 41 Bulevardul Dacia, Bucharest 010404, Romania

Identifiers

CEJSH db identifier

11PLAAAA09245