IDEAS home Printed from https://ideas.repec.org/a/rau/journl/v8y2013i1p66-72.html
   My bibliography  Save this article

A Dark Scenario For Romania’S Pension System Future:Fertility, Mortality And Migration Remain The Same

Author

Listed:
  • Răzvan Bărbulescu

Abstract

The paper tries to forecast some of the issues of the pension funds and sustainability considering a scenario of constant age specific fertility and mortality in Romania for the next 50 years. Considering the issues that population ageing brings, we show that if nothing happens in Romania with the demographic indicators, we’re heading towards huge problems. The first problem we’ll experience is the lack of sustainability of the Romanian pension fund. This will increase deficits and lead to a debt spiral that is hard to stop, especially when confronting with an old population, high taxes that don’t attract migrants and the lack of capital.

Suggested Citation

  • Răzvan Bărbulescu, 2013. "A Dark Scenario For Romania’S Pension System Future:Fertility, Mortality And Migration Remain The Same," Romanian Economic Business Review, Romanian-American University, vol. 8(1), pages 66-72, March.
    • Handle: RePEc:rau:journl:v:8:y:2013:i:1:p:66-72
    as

    Download full text from publisher

    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SP13/REBE-SP13-A7.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:8:y:2013:i:1:p:66-72. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alex Tabusca (email available below). General contact details of provider: https://edirc.repec.org/data/ferauro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.