Citation

Discussion Paper Details

Please find the details for DP179 in an easy to copy and paste format below:

Full Details

Title: Demographic Change, Economic Growth and Social Welfare in Europe

Author(s): John F Ermisch and Heather Joshi

Publication Date: April 1987

Keyword(s): Demographic Change, Economic Growth, Europe, Fertility, Labour Force, Life Expectancy, Pensions, Technical Progress and Welfare

Programme Area(s): Human Resources

Abstract: This paper examines the economic rationale for concern about the falling rate of growth of Europe's population. It also assembles demographic and economic time-series data for the countries of Eastern and Western Europe during the postwar period. The consequences of demographic developments for social welfare, broadly defined, are felt over a very long term. Issues discussed include the contribution of increases in life expectancy to social welfare; the potential effects of population growth on technical progress; and the impacts of changing age structure on intergenerational transfers and the financing of state pensions. The analysis suggests that, while the slowdown in European population growth raises some potential problems, there is no compelling case for pro-natalist policies.

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Bibliographic Reference

Ermisch, J and Joshi, H. 1987. 'Demographic Change, Economic Growth and Social Welfare in Europe'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=179