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Economic Consequences of Low Fertility in Europe

David Bloom and Alfonso Sousa-Poza ()

PGDA Working Papers from Program on the Global Demography of Aging

Abstract: This special issue of the European Journal of Population focuses on possible economic consequences of low fertility in Europe. This introduction reviews the history of falling fertility in Europe and the literature that explores its causes, its potential implications, and possible policy responses. It also summarizes the evolution of thinking about the relationship between population growth and economic development, with attention to recent work on the mechanisms through which fertility decline can spur economic growth if the necessary supporting conditions are met. The introduction also identifies some of the challenges of population aging that are associated with low fertility and suggests that there may be less reason for alarm than has been suggested by some observers. The papers that appear in this special issue are also summarized.

Keywords: Economic consequences; low fertility; Europe (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec and nep-eur
Date: 2010-01
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