Population ageing - a demographic trend with various consequences
AbstractPopulation ageing is a global phenomenon with long-term consequences on the economic development. Population is ageing as a result of two trends: people are living longer than they used to and are healthier and secondly the fertility rate has constantly decreased not only in the developed countries but also in developing ones. The ageing of the world's population is a matter of concern for everyone; the consequences are detectable on every aspect of life-for individual and for societies. The paper is examining the possible approaches to population ageing and aims to emphasize the economic behavior determinants that affect people's behavior during their life cycle.
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Bibliographic InfoArticle provided by Pro Global Science Association in its journal Published in Review of Applied Socio-Economic Research.
Volume (Year): 4 (2012)
Issue (Month): 2 (Decembre)
population ageing; life expectancy; dependency ratio; financial literacy.;
Find related papers by JEL classification:
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
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