Silver Economy in EU – Long-term Perspectives of Labour Force Structure

• Main Authors: Antoniu PREDESCU, Maria-Loredana POPESCU
• Format: Article
• Language: English
• Published: Editura Fundatiei Romania de Maine 2014-03-01
• Series: Annals of Spiru Haret University Economic Series
• Subjects: silver economy, GDP, age, demand, output
• Online Access: http://anale.spiruharet.ro/index.php/economics/article/view/614

This paper is focused on circumscribing in what manner labour force structure, as distinct economic factor, will influence, in next decades, process of building up a silver economy in EU. For this, we use statistical data, put to use so as to generate a proper prognosis of future increase in size of ageing population in EU, relative to size of total population. This task is accomplished using the strategy of comparing positions of different countries in European Union, the more economically developed Western EU economies and the less developed Eastern EU economies, so that to be able to argue whether European Union has its (certain) opportunities – and, of course, its drawbacks – for constructing its ‘silver economy’, and, the scope of these opportunities (which necessarily counterbalance drawbacks).