THE DEMOGRAPHIC CRISIS AND ITS CONSEQUENCES
Journal Title: Challenges of the Knowledge Society - Year 2013, Vol 3, Issue 0
Abstract
The demographic decline can create major dysfunctionalities not only on a social level but also from the perspective of the economic-financial evolution of the world’s states. The obvious aging of the industrialized states’ population overlapping the import of cheap workforce in the developing countries can start mutations whose consequences are somewhat predictable but discouraging. First, an accelerated urbanization of the states is foreseen, second, the decrease of birthrates, negative external migration, increase of mortality and its stagnation in a larger value than that of the birthrate, and not least the population’s aging will hinder a part of the developing countries to sustain a high rhythm of long-term economic increase. The social-economic consequences will be reflected in the labor market, the householders’ amount of income as well as in the education’s level. All these impose a rethinking of the public politics, especially of the social insurance’s system and of the education, a reorientation of the economy based on the increase of specializing in production and productivity, as well as a financial stability unburdened by the politics’ interference in the business environment.
Authors and Affiliations
LIVIU RADU, CARMEN RADU
Keywords
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