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Demographic brakes of the economy
https://doi.org/10.32609/0042-8736-2018-6-48-70
Abstract
The article examines the features of the newest stage of the demographic evolution of Russia against the backdrop of other countries at similar stages of the demographic transition. It is shown that until recently long-term demographic trends favored Russia’s economic development, but now the country is entering a long period of unfavorable demographic changes for its economy. The cessation of growth of the Russian population, the reduction in the working-age population and its aging, and the increase in the dependency ratio will have a deterrent effect on economic development and at the same time make it more difficult to solve social problems. In particular, these factors will create greater problems for the pension system for people older than working age. The issue of using the migration resource to mitigate the negative consequences of demographic changes is discussed.
Keywords
Russia,
population growth,
natural increase,
net migration,
population aging,
aging of labor force,
retirement age
JEL: J11
About the Authors
A. G. Vishnevsky
National Research University Higher School of Economics
Russian Federation
Russian Federation
E. M. Scherbakova
National Research University Higher School of Economics; Institute of Economic Forecasting, RAS
Russian Federation
Russian Federation
References
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Review
For citations:
Vishnevsky A.G., Scherbakova E.M. Demographic brakes of the economy. Voprosy Ekonomiki. 2018;(6):48-70. (In Russ.) https://doi.org/10.32609/0042-8736-2018-6-48-70
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