Post by account_disabled on Mar 9, 2024 22:54:42 GMT -5
It is already a widely accepted fact that the increase in the average age of the population and its aging are not only an evident phenomenon of developed countries, but also in countries like ours. Zef Preçi, Director of the Albanian Economic Research Center. It is understood that this happens for various reasons. Thus in the case of Albania, since 1990 the average age has increased by 10 years, while during the last decade it is reported that about 500 thousand people have left the country, most of them at a young age. In various studies, it is suggested that this phenomenon is among the possible explanations for low inflation. But is this legality proven in the case of our country? Studies show that there is a strong interdependence that is consistent with the life cycle hypothesis.
I mean, inflationary pressure Cambodia Telegram Number Data increases when the share of dependents increases, and vice versa; decreases when the share of the working-age population increases. Thus, the increase in the specific weight of the elderly population, as has happened due to the mass departure of the population, has reduced dependency, but at the same time it has encouraged deflationary tendencies, understandably in coordination with other factors that encourage this trend. Read also: The women of the fashion sector pay a high price for the strengthening of the lek China's economic challenges and the high-level meeting in Beijing It is interesting to note that the increase in life expectancy and the decrease in the number of births or their decline are expected to affect both advanced and developing economies.
If we try to "read" our national economy in the light of the dependency between population aging and deflationary tendencies, some main conclusions can be drawn, such as: First, the aging of the population accompanied by the departure of the active labor force is expected to feed the assistance nature of the state budget. I mean, the government will be obliged to allocate important parts of its budget to the social insurance fund in the future. Secondly, we must accept the fact that in the current circumstances and in the medium term there are few or no conditions for the rapid increase in the level of pensions and generally of budget funds for social purposes.
I mean, inflationary pressure Cambodia Telegram Number Data increases when the share of dependents increases, and vice versa; decreases when the share of the working-age population increases. Thus, the increase in the specific weight of the elderly population, as has happened due to the mass departure of the population, has reduced dependency, but at the same time it has encouraged deflationary tendencies, understandably in coordination with other factors that encourage this trend. Read also: The women of the fashion sector pay a high price for the strengthening of the lek China's economic challenges and the high-level meeting in Beijing It is interesting to note that the increase in life expectancy and the decrease in the number of births or their decline are expected to affect both advanced and developing economies.
If we try to "read" our national economy in the light of the dependency between population aging and deflationary tendencies, some main conclusions can be drawn, such as: First, the aging of the population accompanied by the departure of the active labor force is expected to feed the assistance nature of the state budget. I mean, the government will be obliged to allocate important parts of its budget to the social insurance fund in the future. Secondly, we must accept the fact that in the current circumstances and in the medium term there are few or no conditions for the rapid increase in the level of pensions and generally of budget funds for social purposes.