How did the full-scale invasion affect the aging process in Ukraine?

Khrystyna Basysta

MPRA Paper from University Library of Munich, Germany

Abstract: The aging process in Ukraine has become increasingly significant due to several factors, including the country's shrinking workforce, rising pension expenditures, and reduced capacity for long-term social and economic investments. Moreover, the ongoing war in Ukraine exacerbates these challenges by displacing a significant portion of the population, contributing to an increased burden on social welfare systems, and hindering economic recovery. Furthermore, the absence of a large enough workforce could contribute to the labor shortage and the resulting reduction in Ukraine's global competitiveness. To address these issues and mitigate the economic impact, Ukraine needs comprehensive strategies encompassing healthcare, pension services, and long-term social and economic investments. By investing in such strategies and promoting sustained economic development, Ukraine can effectively manage the challenges posed by its aging population and enhance overall economic stability.

Keywords: Population; aging process; Ukraine; war; life expectancy. (search for similar items in EconPapers)
JEL-codes: J10 J11 J13 (search for similar items in EconPapers)
Date: 2023-11-25
New Economics Papers: this item is included in nep-age, nep-cis and nep-tra
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