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The Influence Of The Demographic Phenomena On Pension Expenditure In Eu Member States

Author

Listed:
  • Elena Lucia Croitoru

    (Romanian American University)

  • Vasile Ilie

    (Academy of Economic Studies, Bucharest)

Abstract

The demographic situation in the EU Member States is changing and the age pyramid reverses. This indicates a low number of active people and a growing number of retired. The effect is the increase in pension expenditure. This growth pose serious problems to all Member States, as projections show growth and over 100% in the horizon of 2060 in terms of pension expenditure

Suggested Citation

  • Elena Lucia Croitoru & Vasile Ilie, 2013. "The Influence Of The Demographic Phenomena On Pension Expenditure In Eu Member States," Romanian Economic Business Review, Romanian-American University, vol. 8(3.1), pages 85-91, September.
    • Handle: RePEc:rau:journl:v:8:y:2013:i:3.1:p:85-91
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    References listed on IDEAS

    as
    1. Heijdra, Ben J. & Romp, Ward E., 2009. "Retirement, pensions, and ageing," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 586-604, April.
    2. Nicholas Barr & Peter Diamond, 2006. "The Economics of Pensions," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 22(1), pages 15-39, Spring.
    3. Elena Lucia Croitoru, 2012. "Analysis of Pension Reforms in EU Member States," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 117-126.
    4. Peter Diamond & Nicholas Barr, 2006. "(UBS Pensions Series 041) The Economics of Pensions," FMG Discussion Papers dp563, Financial Markets Group.
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