The Impact of Demographic Evolutions on the Pension System in Romania

Mocanu Florina (), Istudor Ileana Iulia, Drăgoi Elena-Violeta and Preda Larisa Elena
Additional contact information
Mocanu Florina: Valahia University of Târgoviște, Romania
Istudor Ileana Iulia: Valahia University of Târgoviște, Romania
Drăgoi Elena-Violeta: Valahia University of Târgoviște, Romania
Preda Larisa Elena: Valahia University of Târgoviște, Romania

Valahian Journal of Economic Studies, 2024, vol. 15, issue 1, 95-104

Abstract: The present research aims to conduct an in-depth analysis of the degradation of Romania’s demographic situation, with a particular focus on the implications of the aging trend. The study aims to investigate how this demographic shift may lead, in the absence of reformation measures, to elevated levels of poverty, social exclusion, and dependency among the elderly population. The contributing factors to this phenomenon include migration patterns, negative natural population growth, and the increasing life expectancy of the population. These factors collectively result in a growing imbalance between the elderly and working-age populations. The repercussions of this demographic shift include heightened pension costs, increased public debt, exacerbated social inequalities, and a potential hinderance to economic growth.

Keywords: demographic changes; pension system; pension adequacy; sustainability (search for similar items in EconPapers)
JEL-codes: H55 J11 (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/vjes-2024-0008 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:vaecst:v:15:y:2024:i:1:p:95-104:n:1008

DOI: 10.2478/vjes-2024-0008

Access Statistics for this article

Valahian Journal of Economic Studies is currently edited by Ion Stegăroiu

More articles in Valahian Journal of Economic Studies from Sciendo
Bibliographic data for series maintained by Peter Golla ().