Coping with the effects of population ageing on public finances in the European Union and China

2016 ◽  
Vol 4 (4) ◽  
pp. 368-396 ◽  
Author(s):  
Heikki Oksanen
Keyword(s):  
European Union ◽  
Population Ageing ◽  
The European Union ◽  
Public Finances

‘Since I retired, I can take things as they come. For example, the laundry’: gender, class and freedom in retirement in Switzerland

2017 ◽  
Vol 38 (8) ◽  
pp. 1556-1580 ◽  
Author(s):  
MARION REPETTI ◽  
TONI CALASANTI
Keyword(s):  
Gender Differences ◽  
European Union ◽  
Division Of Labour ◽  
Population Ageing ◽  
Active Ageing ◽  
The European Union ◽  
Structured Interviews ◽  
Reform Policy ◽  
Men And Women ◽  
Gender Division Of Labour

ABSTRACTPopulation ageing has led many countries to be concerned about the ‘economic burden’ of elders, and several have adopted the active ageing paradigm to reform policy. However, gender differences that moderate the effect of active ageing have been little considered. As in other nations in the European Union, Swiss federal authorities use the active ageing paradigm to reshape ageing policies, including the provision of incentives to seniors to remain in the labour market. At the same time, many recent and proposed changes draw on the assumption of gender equality, even though actual parity has not yet been demonstrated. We know little about how gender shapes retirement in Switzerland, other than in relation to financial inequality between women and men. Qualitative analysis of semi-structured interviews conducted with Swiss retirees (N = 15) shows how men and women describe this time of life differently. All respondents characterised retirement as a time of freedom; but the meaning of such freedom diverged for men and women, reflecting the gender division of labour, which is further shaped by class. We discuss the implications of this difference for the gendered consequences of active ageing policies.

scholarly journals Population ageing, labour productivity and economic welfare in the European Union

2020 ◽  
Vol 33 (1) ◽  
pp. 1354-1376
Author(s):  
Mirela Cristea ◽  
Graţiela Georgiana Noja ◽  
Daniela Emanuela Dănăcică ◽  
Petru Ştefea
Keyword(s):  
European Union ◽  
Labour Productivity ◽  
Population Ageing ◽  
Economic Welfare ◽  
The European Union

scholarly journals General government deficit and public debt in EU member states

2011 ◽  
Vol 2 (4) ◽  
pp. 29-41
Author(s):  
Michał Wielechowski
Keyword(s):  
European Union ◽  
Public Debt ◽  
Budget Deficit ◽  
The European Union ◽  
Member States ◽  
Public Finances ◽  
Eu Member States ◽  
General Government ◽  
Government Deficit ◽  
The Eu

The aim of this article is the presentation and the attempt to analyse such phenomena as: an excessive general government deficit and public debt in EU Member States over the past 3 years. For the European Union the years 2008-2010 were the time when public finances of most member countries worsened dramatically. The average budget deficit in the EU increased during that period to a value of almost 7% compared to gross domestic product and public debt reached almost 80% of GDP. Referring the numbers to the principles of the budgetary policy in the Treaty on the European Union (the deficit should not exceed 3% in relation to GDP and public debt – 60% of GDP), the observance of budgetary discipline has been significantly violated. In consequence, the excessive deficit procedure has been initiated. in relation to almost all the countries of the EU, Its purpose was to force the member countries to take concrete actions to stabilize public finances. The economic crisis that began in the second half of 2007 in the United States of America which resulted in a significant deterioration of the finances of all the EU member countries might be regarded as the major source of violation of their budgetary discipline. The reactions of most governments TO the harmful effects caused by the financial crisis were to stimulate national economies and stem the decline of domestic demand. The higher level of public expenditures was simultaneously the cause of increased budget deficits,. To develop and present the problem of an excessive budget deficit and public debt in the EU countries some statistical methods were used and the data source statistics were mainly carried out by the European Commission and the European Statistical Office.

scholarly journals Impact of fiscal institutions on public finances in the European Union: Review of evidence in the empirical literature

2021 ◽  
Vol 21 (2) ◽  
pp. 215-232
Author(s):  
Martin Gorčák ◽  
Stanislav Šaroch
Keyword(s):  
European Union ◽  
Fiscal Policy ◽  
Policy Making ◽  
Fiscal Rules ◽  
Empirical Literature ◽  
The European Union ◽  
Fiscal Institutions ◽  
Public Finances ◽  
The Eu ◽  
Fiscal Outcomes

Abstract This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal rules) have successfully contributed to greater fiscal sustainability, reduced procyclicality of fiscal policies within the EU, and increased national ownership of fiscal rules by strengthening national fiscal frameworks. A fiscal reaction function was one of the widely used methods to determine the principal variables affecting fiscal outcomes. Some authors used cyclically-adjusted fiscal outcomes as the dependent variable representing the discretionary fiscal policy-making whereas others put emphasis on other fiscal outcomes. The samples of countries covered mostly the EU Member States, representing rather homogenous samples in the context of common EU fiscal framework. Institutional aspects used as independent variables differed significantly among authors and some could be added for future research. Based on the literature survey, several recommendations were made for fiscal policy-making.

scholarly journals Comparative analysis of national and regional models of the silver economy in the European Union

2016 ◽  
Vol 10 (2) ◽  
pp. 31-59 ◽  
Author(s):  
Andrzej Klimczuk
Keyword(s):  
European Union ◽  
Comparative Analysis ◽  
Population Ageing ◽  
Welfare States ◽  
Active Ageing ◽  
The European Union ◽  
Regional Models ◽  
Social Innovations ◽  
Practical Recommendations ◽  
The Eu

The approach to analysing population ageing and its impacts on the economy has evolved in recent years. There is increasing interest in the development and use of products and services related to gerontechnology as well as other social innovations that may be considered as central parts of the ‘‘silver economy.’’ However, the concept of silver economy is still being formed and requires detailed research. This article proposes a typology of models of the silver economy in the European Union (EU) at the national and regional levels. This typology was created by comparing the Active Ageing Index to the typology of varieties and cultures of capitalism and typology of the welfare states. Practical recommendations for institutions of the EU and directions for further research are discussed.

scholarly journals Public Debts Trends in the Current Economic Context, from Both National and International Perspective

2015 ◽  
Vol 4 (4) ◽  
pp. 31
Author(s):  
Doina Dascalu ◽  
Dragos Ungureanu
Keyword(s):  
European Union ◽  
Market Economy ◽  
Public Debt ◽  
International Perspective ◽  
The European Union ◽  
Medium Term ◽  
Public Finances ◽  
Eu Member States ◽  
Economic Context ◽  
Debt Levels

. The article presents an analysis of the way public debt operates in Romania, in the context of states economies trends, of complex and topical financial environments.In the context of a functional market economy, the issues faced by certain states involving high public debt levels or potential budgetary pressure risks converge towards the idea that public finances sustainability needs to be a major challenge at the level of public policies. Considering this situation, the adequate policies to tackle public finances sustainability need to have, as a launching base, the overall strategy of the European Union, focused on the three component parts, namely abatement of public debt, increasing productivity and employment and last but not least, reforming the pension and healthcare systems.To ensure reasonably sustainable public debt levels, EU member states need to attain medium term strategic budgetary objectives, that would ensure a downward trend of public debt, a condition which can be fulfilled by compliance with budget policies rules, which ground development in the macroeconomic framework.

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