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Kirk Scott. Photo.

Kirk Scott

Professor

Kirk Scott. Photo.

Demographic Developments and Economic Challenges in an Aging Europe

Author

  • Kirk Scott

Editor

  • Ann Numhauser-Henning

Summary, in English

The world’s population is ageing at a rapid and increasing rate. This chapter discusses the challenges that developing countries face as a consequence of growing shares of the population above retirement age. The chapter discusses reasons why commonly advanced solutions to the ageing challenge are not likely to help. Increasing migration is discussed as a non-solution, as is fertility increase and raising taxes. The most likely solution will be found in a combination of increasing the statutory retirement age and encouraging increased labour force participation among those in working ages.

Department/s

  • Department of Economic History
  • eSSENCE: The e-Science Collaboration

Publishing year

2017

Language

English

Pages

33-52

Publication/Series

Elder Law : Evolving European Perspectives

Document type

Book chapter

Publisher

Edward Elgar Publishing

Topic

  • Economic History

Keywords

  • elderly
  • pensions
  • retirement
  • replacement migration
  • population ageing
  • demography

Status

Published

ISBN/ISSN/Other

  • ISBN: 9781785369087
  • ISBN: 9781785369094