1. bookVolume 15 (2020): Issue 1 (April 2020)
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Study Regarding the Effects of Demographic Transition on Labor Market and Public Pension System in Central and Eastern Europe

Published Online: 20 May 2020
Page range: 158 - 170
Journal Details
License
Format
Journal
First Published
06 Mar 2015
Publication timeframe
3 times per year
Languages
English
Copyright
© 2020 Sciendo

Population and the quality of labor force are the “strengths” features’ that ensure socio-economic development of a country. The last decades can be characterized as a transitional period, in which countries of European Union and especially the countries of Central and Eastern Europe are facing a demographic decline. Reduced birth rate, ageing and migration are factors’ which create a lot of pressure, both on labor market and public pension systems, items correlated with the population structure. In this paper we have presented the demographic situation and the size of migration in five countries of Central and Eastern Europe. The direct linkage between population structure, labor market and public pension systems represents, in transitional context, a threat to budget sustainability, especially in Romania. We consider that the reformation has to be adjusted with the new socio-economic conditions, finding new solutions for increasing birth rate, decreasing the “exodus” of young population and stimulating economic activities.

Keywords

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