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Aging and demographic change in European societies : main trends and alternative policy options

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  • Muenz, Rainer
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    Abstract

    This paper gives an overview on current demographic trends and projected population change in Europe and neighboring regions. The main focus of the analysis is on Western and Central Europe. Today this world region has a total population of 500 million. Available forecasts until the year 2050 project a decline of the population at working age, a subsequent decline of the (native) work force and aparallel increase in the number of retired people. The paper discusses policy options by demonstrating the impact of possible changes in labor force participation, higher retirement age and pro-active recruitment of migrant labor on population size and future labor force.

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    File URL: http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2007/03/26/000020953_20070326101644/Rendered/PDF/391740ECA0Demographics0SP0070301PUBLIC1.pdf
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    Bibliographic Info

    Paper provided by The World Bank in its series Social Protection Discussion Papers with number 39174.

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    Date of creation: 01 Mar 2007
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    Handle: RePEc:wbk:hdnspu:39174

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    Related research

    Keywords: Population Policies; Labor Markets; Demographics; Youth and Governance; International Migration;

    References

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    1. Rapoport, Hillel & Docquier, Frédéric, 2005. "The Economics of Migrants’ Remittances," IZA Discussion Papers 1531, Institute for the Study of Labor (IZA).
    2. David N. Weil, 2006. "Population Aging," NBER Working Papers 12147, National Bureau of Economic Research, Inc.
    3. Mayda, Anna Maria, 2005. "International Migration: A Panel Data Analysis of Economic and Non-Economic Determinants," IZA Discussion Papers 1590, Institute for the Study of Labor (IZA).
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    Cited by:
    1. Milan Vodopivec & Primoz Dolenc:, 2008. "Live Longer, Work Longer: Making It Happen in the Labor Market," Financial Theory and Practice, Institute of Public Finance, vol. 32(1), pages 65-81.
    2. Julian A. Lampietti & David G. Lugg & Philip Van der Celen & Amelia Branczik, 2009. "The Changing Face of Rural Space : Agriculture and Rural Development in the Western Balkans," World Bank Publications, The World Bank, number 13541, October.

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