Demographic Headwinds in Central and Eastern Europe

Cristina Batog, Ernesto Crivelli (), Anna Ilyina, Zoltán Jakab, Jaewoo Lee, Anvar Musayev, Iva Petrova, Alasdair Scott, Anna Shabunina, Andreas Tudyka, Xin Xu and Ruifeng Zhang

No 2019/011, IMF Departmental Papers / Policy Papers from International Monetary Fund

Abstract: The populations of Central and Eastern European (CESEE) countries—with the exception of Turkey—are expected to decrease significantly over the next 30 years, driven by low or negative net birth rates and outward migration. These changes will have significant implications for growth, living standards and fiscal sustainability.

Keywords: DPPP; DP; CESEE country; labor market; public spending; current account; workforce aging; labor force; retirement age; IMF staff calculation; CESEE economy; CESEE workforce; baseline labor force scenario; EU country; per capita income; CESEE population; physical capital; workforce cohort; Aging; Labor force; Total factor productivity; Western Europe; Europe; Eastern Europe; Baltics; Global (search for similar items in EconPapers)
Pages: 119
Date: 2019-07-15
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