A World of “Seniors” – The Effect of the Crisis?

Cioban Costel-Ioan () and Cioban Gabriela-Liliana ()
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Cioban Costel-Ioan: Faculty of Economics and Business Administration Ia?i Doctoral School of Economics
Cioban Gabriela-Liliana: Faculty of Economics and Public Administration Suceava

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 437-442

Abstract: People’s aging has represented the consequence of a complex of factors, amongst which: the low living standards, the moral pressure on satisfying the biological needs, the stress caused by non-fulfillments and the non-contentedness, on which the crisis related to Romanian economy of the last years is added, fact that brought towards the lowering of funds allotted on protecting the people’s health and health state. The correlation of GDP on inhabitant by the weight allotted on sanitary sector from the public budget and the life expectancy have been significant. As result, after evaluating the effects related to the demographic phenomenon over people’s aging, one might establish that this has been accompanied by the fertility diminution and general death increase. In such conditions, the massive growth of old people will be firstly reflected towards the diminution of active labor force, having an immediate effect over the economic growth

Keywords: demographic phenomenon; aging; fertility diminution; demographic politics; infant mortality (search for similar items in EconPapers)
JEL-codes: A13 D60 E24 I15 J11 (search for similar items in EconPapers)
Date: 2013
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