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

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  • Muenz, Rainer

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.

Suggested Citation

  • Muenz, Rainer, 2007. "Aging and demographic change in European societies : main trends and alternative policy options," Social Protection Discussion Papers and Notes 39174, The World Bank.
    • Handle: RePEc:wbk:hdnspu:39174
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    References listed on IDEAS

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    1. Rapoport, Hillel & Docquier, Frederic, 2006. "The Economics of Migrants' Remittances," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 17, pages 1135-1198, Elsevier.
    2. Mayda, Anna Maria, 2005. "International Migration: A Panel Data Analysis of Economic and Non-Economic Determinants," IZA Discussion Papers 1590, Institute of Labor Economics (IZA).
    3. Schuknecht, Ludger & Tanzi, Vito, 2005. "Reforming public expenditure in industrialised countries: are there trade-offs?," Working Paper Series 435, European Central Bank.
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    Cited by:

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    3. Klemen, SIROK & Laura-Maria, DIACONESCU, 2014. "The Role Of Work And Labour Market Flexibility In Working Life Prolongation: Case Slovenia," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 611-620.
    4. Constanta Popescu & Serb Diana Elena & Andreiana Carmen, 2014. "An analysis of the Romanian labor market under the impact of the contemporary world’s problems using the regression function," Computational Methods in Social Sciences (CMSS), "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, vol. 2(2), pages 15-21, December.
    5. Ales S. BERK & Mitja COK & Marko KOSAK & Joze SAMBT, 2013. "CEE Transition from PAYG to Private Pensions: Income Gaps and Asset Allocation," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 63(4), pages 360-381, August.
    6. Michał Bernard Pietrzak & Justyna Wilk, 2014. "An Analysis of the Population Aging Phenomena in Poland from a Spatial Perspective," Statistics in Transition new series, Główny Urząd Statystyczny (Polska), vol. 15(1), pages 153-170, January.
    7. 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.
    8. Daniela Dvořáková, 2012. "Demographic changes in Europe - new challenges for the European labour market," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(2), pages 51-58.
    9. Indermit Gill & Johannes Koettl & Truman Packard, 2013. "Full employment: a distant dream for Europe," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-34, December.

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