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Impact Of Globalisation On The Evolution Of The Demographic Phenomenon

Author

Listed:
  • Nicolae Balan, Mariana

    (Institute of Economic Forecasting, Romanian Academy)

  • Vasile, Valentina

    (Institute of National Economy)

Abstract

Globalisation is manifest under the form of some globalising processes, respectively the basic operational-action assembly for successive achievement of the purposes and objectives proposed within each stage. Globalisation and demography are the two main forces that model the development of contemporary societies and implicitly of the European one. Both provide for opportunities but also raise issues. Based on the Bosco Model we highlight the interdependency between the decision to migrate and the migratory balance between similar countries, with the exception of labour market, under the conditions in which wages are endogenously determined. The existence of some differences was assumed also between the semi-elasticity of wages in relation to unemployment rates.

Suggested Citation

  • Nicolae Balan, Mariana & Vasile, Valentina, 2008. "Impact Of Globalisation On The Evolution Of The Demographic Phenomenon," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(4), pages 174-195, December.
    • Handle: RePEc:rjr:romjef:v:5:y:2008:i:4:p:174-195
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    More about this item

    Keywords

    globalisation; demographic evolution; migration flows; modelling the mobility of labour force;
    All these keywords.

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • C59 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Other
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J19 - Labor and Demographic Economics - - Demographic Economics - - - Other

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