Abstract

The EU is about to face a significant changes in the demographic structure of its labour force. The main causes are the reduction in fertility rates, ageing of population and increasing immigration flows. According to the projections, already in the years 2013–2014 should the share of the EU’s working population start to decline. The number of people aged over 60 is increasing about two million every year. Shrinking working population and a higher amount of retired people will place additional strains on public sector finance. How to adopt the economy and other policies to this new situation? How to maintain European global competitivness and strong position in the world? This paper discuss the main demographic changes in Europe and how to deal with them, it presents and discuss solutions how to make from a challenge an opportunity.

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