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€Œyesterday'S†Natality - €Œtomorrow'S†Workforce

Author

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  • Roxana Mihaela Pivodă
  • Camelia Boarcăş

Abstract

It is not surprising that the present world crisis has strongly affected Romania - in many different sectors of the economic, political, social, financial life, etc. As an answer to the economic crisis, which we are all affected by, different strategies, reforms and models of economic growth are worked out, yet no one talks about what is maybe the most important aspect - that of the human stock. The possible explanations behind the economic crisis are multiple and very much discussed, but what is not much taken into consideration is the drastic decrease of the population and its significant tendency to grow old. The natality decrease, in time, leads to the reduction of the consumptive society, to the supply diminution, and as a consequence, we can state that the degradation of the demographic processes, as a matter of fact, represents the basis of the economic crisis.

Suggested Citation

  • Roxana Mihaela Pivodă & Camelia Boarcăş, 2009. "€Œyesterday'S†Natality - €Œtomorrow'S†Workforce," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(11), pages 1-8.
  • Handle: RePEc:alu:journl:v:2:y:2009:i:11:p:8
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    More about this item

    Keywords

    human stock; the pyramid of ages; the demographic transition;
    All these keywords.

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General

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