Population Aging and Economic Growth in EU Member States

2021 ◽  
pp. 87-96
Author(s):  
Yilmaz Bayar ◽  
Aysun Karamikli
Keyword(s):  
Economic Growth ◽  
Life Expectancy ◽  
Population Aging ◽  
Health Sector ◽  
Causality Analysis ◽  
Member States ◽  
Economic Implications ◽  
Eu Member States ◽  
The Social ◽  
Aging Phenomenon

The improvements in economic development, living standards, and the health sector have raised the life expectancy on the world. The rising life expectancy together with decreasing fertility rates have led to population aging. The population aging phenomenon has led the researchers to explore the social and economic implications of population aging in different countries and country groups. In the chapter, the authors explore the causality between population aging and economic growth in EU member states during the period of 1996-2019 through causality analysis and revealed a reciprocal causality between population aging and economic growth.

Population Aging and Health Expenditures in EU Member States

2021 ◽  
pp. 138-148
Author(s):  
Omer Faruk Ozturk
Keyword(s):  
Life Expectancy ◽  
Population Aging ◽  
Health Expenditures ◽  
Causality Analysis ◽  
Causal Interaction ◽  
Fertility Rates ◽  
Member States ◽  
Economic Implications ◽  
Eu Member States ◽  
Aging And Health

All the countries are faced with the population aging resulting from the rising life expectancy and decreasing fertility rates at the present time and in turn have experienced many social and economic implications. In this research, the authors explore the causal interaction between population aging and health expenditures in a sample of EU member economies during the 2000-2018 period through Dumitrescu and Hurlin causality analysis. The causality analysis revealed a unilateral causality from health expenditures to population aging.

Determinants of socio-economic transformations of technological systems: theoretical and methodical aspects

2020 ◽  
pp. 102-111
Author(s):  
Svitlana Shults ◽  
Olena Lutskiv
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Structural Changes ◽  
Member States ◽  
Social Transformations ◽  
Technological Basis ◽  
Eu Member States ◽  
Technological Paradigm ◽  
Technological Paradigms ◽  
The Eu

Technological development of society is of unequal cyclic nature and is characterized by changing periods of economic growth, stagnation phases, and technological crises. The new wave of technological changes and new technological basis corresponding to the technological paradigm boost the role of innovations and displace the traditional factors of economic growth. Currently, intellectual and scientific-technical capacity are the main economic development resources. The use of innovation and new knowledge change the technological structure of the economy, increase the elements of the innovative economy, knowledge economy, and digital economy, i.e. the new technological paradigm is formed. The paper aims to research the basic determinants of technological paradigms’ forming and development, and determining their key features, as well as to analyze social transformations of the EU Member States and Ukraine. The paper focuses attention on the research of the features of social transformations. The structural transformations are analyzed based on the Bertelsmann Transformation Index that estimates the quality of democracy, market economy, and political governance. The transformation processes are assessed on the example of the EU Member States and Ukraine. The authors argue that social transformations and structural changes in the economy are related to the change of technological paradigms that boost the economic modernization and gradual progressive development of humanity in general. The nature and main determinants of 5 industrial and 2 post-industrial technological paradigms are outlined. Their general features and main areas of basic technologies implementation emerging in the realization of a certain technological paradigm are explained. The conclusions regarding the fact that innovative technologies and available scientific-technological resources define the main vector of economic development are made. The new emerging technological paradigm is of strategic importance for society development.

Three Challenges for the Social Investment Strategy

2017 ◽  
Author(s):  
John Myles
Keyword(s):  
Economic Growth ◽  
Population Aging ◽  
Investment Strategy ◽  
First Century ◽  
Social Investment ◽  
Current Consumption ◽  
The Social ◽  
Post War ◽  
Post Industrial ◽  
Wage Outcomes

Three challenges are highlighted in this chapter to the realization of the social investment strategy in our twenty-first-century world. The first such challenge—intertemporal politics—lies in the term ‘investment’, a willingness to forego some measure of current consumption in order to realize often uncertain gains in the future that would not occur otherwise, such as better schooling, employment, and wage outcomes for the next generation. Second, the conditions that enabled our post-war predecessors to invest heavily in future-oriented public goods—a sustained period of economic growth and historically exceptional tolerance for high levels of taxation—no longer obtain. Third, the millennial cohorts who will bear the costs of a new, post-industrial, investment strategy are more economically divided than earlier cohorts and face multiple demands raised by issues such as population aging and global warming, among others.

Economic Implications of Migration into the Federal Republic of Germany, 1988–1992

1995 ◽  
Vol 29 (3) ◽  
pp. 693-709
Author(s):  
Arne Gieseck ◽  
Ullrich Heilemann ◽  
Hans Dietrich von Loeffelholz
Keyword(s):  
Economic Growth ◽  
Public Sector ◽  
Labor Markets ◽  
Federal Republic ◽  
Social System ◽  
West Germany ◽  
Federal Republic Of Germany ◽  
Economic Implications ◽  
The Public ◽  
The Social

An analysis of the effects of the last wave of migration into West Germany on labor markets, public finances and economic growth, this study points at the often ignored fact that the migrants were rather successful in finding jobs and thus helped in eliminating labor shortages in certain industries. Simulations with a macroeconometric model for the FRG indicate that in 1992 the GDP was almost 6 percent higher than without migration, that 90,000 jobs were created and that migration created a surplus of DM14 billion in the public sector, compared to the baseline. This study also makes clear, however that these effects mainly depend on a quick absorption of migrants by FRG labor markets, and as to the social system, the relief may be only transitory.

The Social Consequences of Demographic Change in China

China–India ◽  
2014 ◽  
Author(s):  
Delia Davin
Keyword(s):  
Economic Growth ◽  
Demographic Change ◽  
Population Aging ◽  
Family Relations ◽  
Economic Reforms ◽  
Social Consequences ◽  
Chinese Society ◽  
The Social ◽  
Family Building ◽  
And Migration

China, like India, has experienced rapid demographic change in recent decades. Combined with the dramatic economic growth which started with the introduction of market-orientated economic reforms from the late 1970s, demographic change has had enormous impacts on Chinese society, marriage, family relations and family building. This paper starts with a general overview of the ‘planks’ of this demographic change: rising life expectancy and lowered fertility, the distorted child sex ratio, and migration and urbanisation. It then moves on to a discussion of some of the consequences of these changes focusing on marriage, the shortage of brides and marriage finance; the implications of lowered fertility for women; and population aging and its challenge to the intergenerational contract. Marriage migration is discussed both in the context of the shortage of brides, and as one of the changes especially affecting women.

Sign in / Sign up

Export Citation Format

Share Document