D 2017

The Impact of Population Aging on GDP in the Czech Republic

BERAN, Vlastimil a Jana GODAROVÁ

Základní údaje

Originální název

The Impact of Population Aging on GDP in the Czech Republic

Autoři

BERAN, Vlastimil a Jana GODAROVÁ

Vydání

1. vyd. Havířov, Proceedings of International Scientific Conference ECONOMIC POLICY IN GLOBAL ENVIRONMENT. od s. 47-60, 14 s. 2017

Nakladatel

Vysoká škola sociálně správní

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50600 5.6 Political science

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Označené pro přenos do RIV

Ne

ISBN

978-80-87291-20-7

Klíčová slova anglicky

seniors; household consumption; poverty; public budget

Příznaky

Mezinárodní význam, Recenzováno
Změněno: 27. 2. 2018 08:23, Ing. Jana Godarová, Ph.D.

Anotace

V originále

The Czech population is ageing and this undisputable trend is evident concerning all the world’s developed countries. This paper will determine the life situation of Czech seniors, their income and consumption, and their impact on overall income and expenditure in the European context based on Eurostat and Czech Statistical Office data. The transition from economic activity to senior status usually results in an income reduction and, consequently, seniors reduce their consumption. In future years the ratio of the economically active population and dependent population will change considerably. In 2050 the old-age dependency ratio in the Czech Republic is expected to reach 52%. These developments will impact the Czech economy at several levels. The reduced consumption of seniors will lead to: a reduction in aggregate household consumption a subsequent GDP growth decline or even contraction, and lower tax revenues leading to a reduction in government spending, a spiral domino effect.