Browsing: demography

Introduction. Population aging is a phenomenon that should be considered when analysing demographic development because it affects economic development as well. Therefore reforming public pensions, health and long-term care for the elderly is to be considered. The speed of this process is also important because when the share of elderly in total population increase in a short period of time, it becomes difficult for the relevant institutions to adapt rapidly.

Aim of the study. This paper emphasizes the fact that it is necessary to ensure a balanced use of principles harmonizing all factors of production in order to provide sustainable economic development based on them. In general, economic development means improving the systematic, lasting and wide mass of the material conditions of life, representing the consumption conditions: food, clothing, housing, housing facilities, transport, communications, access to services and others. Such a common approach is adequate as it correctly expresses people’s expectations, as consumers in economy. However we can define economic development as a process resulting in the systematic growth of labour productivity or – given the circumstances in which the number of employers (or job providers) increases – the increase of the number of productive jobs. This approach does not contradict the first one; on the contrary: the systematic improvement of economic living conditions is not possible without the growth of labour productivity. The advantage of the second approach is that it refers to the most important force leading to the improvement of the living conditions for people as consumers and it forces us to consider phenomena this force depends on.
Keywords: economic development, social economy, sustainability, demography.

Introduction. Labour migration is mainly amplified by economic reasons. Labour force migration is a phenomenon which may have some benefits on international markets such as the European labour market considering its role in stabilizing the European labour market. At the same time it may represent a major benefit in balancing unemployment rate in the Euro area, or even in some European states which are aware of the labour market imbalances. However, it should be noted that population aging is recorded in the regions where dislocations occur: it is a phenomenon which may generate a decline in the economic growth and affect the living standard, should there be no thorough analysis. Therefore a closer monitoring of migration is mandatory, as aging population is one of its consequences, which must be investigated in the regional context.

Aim of the study. This paper emphasizes that population aging concerns the world, the public environment and scientific research and a discerning approach may create the assumptions for economic revival. Workforce nowadays acknowledges realities involving permanent adjustment and reorientation depending on developments in the technical and technological fields and its migration has become an almost instantaneous phenomenon. For this purpose, it is necessary to consider the fact that along with migration, dislocations in the active population occur, which often are not immediately supported by new contingents; therefore disturbances are created both on the labour market but also in the demographic plan. It is important to seek solutions to minimize their impact on the Romanian economy affecting economic growth and the level of development.
Keywords: demography, aging, migration, economic growth, standard of living.
JEL Classification: J11, J61, O15