The Implications of Demographic Pressure on the Occupancy Rate on the Labor Market and of the Pension System

Oana Claudia Ionescu ()
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Oana Claudia Ionescu: Assistant Ph.D., Titu Maiorescu University Bucharest, Romania

Journal of Business Economics and Information Technology, 2015, vol. 2, issue 6

Abstract: Social welfare for the elderly is increasingly a challenge to European countries, a situation that is mainly due to demographic changes of recent years and the many difficulties encountered by the current pension systems. The EU's population faces an intense aging process, due to considerable progress of the society and resulted in a substantially reduced mortality and a higher life expectancy. Romania also faces a similar situation, especially as the first wave of the so-called "baby boom" generation is already close to retirement. This makes the "dependency rate", which expresses the ratio between the working populations, young and elderly people follow the growth trend of the recent years, especially since the birth rate declines increasingly more.

Keywords: degree of demographic aging; fertility rate; dependency rate; population structure by age groups; employment ratePages: 1 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:jbu:jbeitt:1430

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