BCR: Romania’s Population Ageing Slows Down GDP Growth, Puts Pressure On State Budget

03.20.2013 By Ecaterina Craciun

The decline in Romania's potential GDP, through reduced workforce contribution and capital, the piling pressure on the state budget, through higher social security costs, and the impact on domestic savings rate are among the main effects of population ageing, according to a BCR report.

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Keywords:
POPULATION
, AGEING
, IMPACT