“YESTERDAY'S†NATALITY - “TOMORROW'S†WORKFORCE

Roxana Mihaela Pivodă and Camelia Boarcăş

Annales Universitatis Apulensis Series Oeconomica, 2009, vol. 2, issue 11, 8

Abstract: It is not surprising that the present world crisis has strongly affected Romania - in many different sectors of the economic, political, social, financial life, etc. As an answer to the economic crisis, which we are all affected by, different strategies, reforms and models of economic growth are worked out, yet no one talks about what is maybe the most important aspect - that of the human stock. The possible explanations behind the economic crisis are multiple and very much discussed, but what is not much taken into consideration is the drastic decrease of the population and its significant tendency to grow old. The natality decrease, in time, leads to the reduction of the consumptive society, to the supply diminution, and as a consequence, we can state that the degradation of the demographic processes, as a matter of fact, represents the basis of the economic crisis.

Keywords: human stock; the pyramid of ages; the demographic transition (search for similar items in EconPapers)
JEL-codes: J00 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:alu:journl:v:2:y:2009:i:11:p:8

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