Economic Problems of European Union Caused by the Demographic Ageing

The purpose of this paper is to offer a realistic perspective upon the imminent situation of demographic ageing issue in European Union. The forecasts are not reasons to major concern for the society but rather to become more responsible and not to neglect a problem that could affect our future. Th...

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Main Author: Iulia-Alexandra Percă
Format: Article
Language:English
Published: European Institute of Romania 2011-11-01
Series:Romanian Journal of European Affairs
Subjects:
Online Access:https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2011__Vol_11_No_3_ECONOMIC_PROBLEMS_OF_EUROPEAN_UNION.pdf
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author Iulia-Alexandra Percă
author_facet Iulia-Alexandra Percă
author_sort Iulia-Alexandra Percă
collection DOAJ
description The purpose of this paper is to offer a realistic perspective upon the imminent situation of demographic ageing issue in European Union. The forecasts are not reasons to major concern for the society but rather to become more responsible and not to neglect a problem that could affect our future. The demographic overview of Europe for 2011 – 2060 shows low birth rates, an increase in life expectancy and migration flows having an impact on population. As a result, the parent generation will no longer completely be replaced by the next generation of children and the narrowed active population will have to sustain a large number of persons far advanced in the age. Economic consequences of this social trend, such as increased expenditures on pensions, extended health care costs and the employment problems, are also discussed in order to define the best policy option available.
format Article
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institution Kabale University
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spelling doaj-art-61d90f1df545496ca60bacfac20667792025-08-20T03:31:49ZengEuropean Institute of RomaniaRomanian Journal of European Affairs1582-82711841-42732011-11-011138799Economic Problems of European Union Caused by the Demographic AgeingIulia-Alexandra Percă0Economist and Master Student at Faculty of International Business and Economics, Bucharest Academy of Economic StudiesThe purpose of this paper is to offer a realistic perspective upon the imminent situation of demographic ageing issue in European Union. The forecasts are not reasons to major concern for the society but rather to become more responsible and not to neglect a problem that could affect our future. The demographic overview of Europe for 2011 – 2060 shows low birth rates, an increase in life expectancy and migration flows having an impact on population. As a result, the parent generation will no longer completely be replaced by the next generation of children and the narrowed active population will have to sustain a large number of persons far advanced in the age. Economic consequences of this social trend, such as increased expenditures on pensions, extended health care costs and the employment problems, are also discussed in order to define the best policy option available.https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2011__Vol_11_No_3_ECONOMIC_PROBLEMS_OF_EUROPEAN_UNION.pdfageingbirthslife expectancymigrationeconomic impactpolicy options
spellingShingle Iulia-Alexandra Percă
Economic Problems of European Union Caused by the Demographic Ageing
Romanian Journal of European Affairs
ageing
births
life expectancy
migration
economic impact
policy options
title Economic Problems of European Union Caused by the Demographic Ageing
title_full Economic Problems of European Union Caused by the Demographic Ageing
title_fullStr Economic Problems of European Union Caused by the Demographic Ageing
title_full_unstemmed Economic Problems of European Union Caused by the Demographic Ageing
title_short Economic Problems of European Union Caused by the Demographic Ageing
title_sort economic problems of european union caused by the demographic ageing
topic ageing
births
life expectancy
migration
economic impact
policy options
url https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_2011__Vol_11_No_3_ECONOMIC_PROBLEMS_OF_EUROPEAN_UNION.pdf
work_keys_str_mv AT iuliaalexandraperca economicproblemsofeuropeanunioncausedbythedemographicageing