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How the population of the Republic of Azerbaijan is ageing: causes and potential for social and economic development

Author

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  • Nailya Verdiyeva

    (Ministry of Labour and Social Protection of Population of the Republic of Azerbaijan, Baku, Azerbaijan)

Abstract

The article deals with the trends of population ageing in the Republic of Azerbaijan. The author considers the stages of change of population size and age structure in the 20th and the 21st centuries as a result of historical evolution of birth rate and death rate. Based on the analysis of fertility trends and life expectancy, it is shown that the decline in fertility has so far been the most important factor in the population ageing, whereas the decline in the mortality in older ages is only beginning to contribute to this process. It is emphasized that anomalies in the sex ratio at birth lead to accelerated ageing of the population. The gradual ageing and reduction of the share of the working-age population, as well as the growth of the dependency ratio and the exhaustion of the potential of the first demographic dividend, are also analysed in the paper.

Suggested Citation

  • Nailya Verdiyeva, 2019. "How the population of the Republic of Azerbaijan is ageing: causes and potential for social and economic development," Population and Economics, ARPHA Platform, vol. 3(3), pages 43-73, September.
  • Handle: RePEc:arh:jpopec:v:3:y:2019:i:3:p:43-73
    DOI: 10.3897/popecon.3.e47233
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    References listed on IDEAS

    as
    1. David E. Bloom & David Canning & Günther Fink, 2010. "Implications of population ageing for economic growth," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(4), pages 583-612, Winter.
    2. John Bongaarts, 2013. "The Implementation of Preferences for Male Offspring," Population and Development Review, The Population Council, Inc., vol. 39(2), pages 185-208, June.
    3. Dean Baker & J. Bradford Delong & Paul R. Krugman, 2005. "Asset Returns and Economic Growth," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(1), pages 289-330.
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    Cited by:

    1. Wenying Wu & Zhiwei Ni & Feifei Jin & Jian Wu & Ying Li & Ping Li, 2021. "Investment Selection Based on Bonferroni Mean under Generalized Probabilistic Hesitant Fuzzy Environments," Mathematics, MDPI, vol. 9(1), pages 1-21, January.

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    More about this item

    Keywords

    Azerbaijan; age structure; life expectancy; fertility; population ageing; population growth rate; population size;
    All these keywords.

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • J1 - Labor and Demographic Economics - - Demographic Economics

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