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The Economic consequences of Mitigation of the Population aging through the Fiscal Policy

Journal of Economics and Business Research

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Title The Economic consequences of Mitigation of the Population aging through the Fiscal Policy
 
Creator Véghová, Katarína
 
Description The aim of this study is to explore in what extent does the increase of the number of productive population by using immigrant labour force represents a possible solution for the USA and the EU member states, which could weaken the effects of economic consequences of aging. This issue is relevant also because the USA and the EU member states have been amongst the most popular destinations of international migration. Therefore, these two subjects can or will have to choose from potential immigrants, as the number of them coming to these countries is much higher than America or Europe want to accept (just think of more than a million arrested illegal migrants in these countries every year). We can claim that the ongoing economic reforms in western countries (e.g. the French retirement reform, the German reform of the labour market) and creation of immigrant policies, economic benefits of migration to decrease problems caused by aging, are positive. Slow speed is typical for them, accompanied by resistance of inhabitants and fear of the consequences of political decisions. The direction is correct, but sometimes the speed is not. Furthermore, problems with applying the law can occur, along with breaking the immigration laws and a series of repeated amnesties are good practical examples of that. Faster speed and prompt decisiveness are expected from the politicians.
 
Publisher Journal of Economics and Business Research
 
Contributor —
 
Date 2013-03-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.uav.ro/jour/index.php/jebr/article/view/13
 
Source Journal of Economics and Business Research; Vol 19, No 1 (2013): J of Economics & Business Research; 134-152
2069-9476
2068-3537
 
Language eng
 
Relation http://www.uav.ro/jour/index.php/jebr/article/view/13/pdf_11