Demographic Headwinds in Central and Eastern Europe

By Cristina Batog, Ernesto Crivelli, Anna Ilyina, Zoltan Jakab, Jaewoo Lee, Anvar Musayev, Iva Petrova, Alasdair Scott, Anna Shabunina, Andreas Tudyka, Xin Cindy Xu, Ruifeng Zhang

July 15, 2019

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Cristina Batog, Ernesto Crivelli, Anna Ilyina, Zoltan Jakab, Jaewoo Lee, Anvar Musayev, Iva Petrova, Alasdair Scott, Anna Shabunina, Andreas Tudyka, Xin Cindy Xu, and Ruifeng Zhang. Demographic Headwinds in Central and Eastern Europe, (USA: International Monetary Fund, 2019) accessed December 21, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The populations of Central and Eastern European (CESEE) countries—with the exception of Turkey—are expected to decrease significantly over the next 30 years, driven by low or negative net birth rates and outward migration. These changes will have significant implications for growth, living standards and fiscal sustainability.

Subject: Aging, Health, Labor, Labor force, Population and demographics, Production, Total factor productivity

Keywords: Aging, Baltics, Baseline labor force scenario, CESEE country, CESEE economy, CESEE population, CESEE workforce, Current account, DP, DPPP, Eastern Europe, EU country, Europe, Global, IMF staff calculation, Labor force, Labor force, Labor market, Per capita income, Physical capital, Public spending, Retirement age, Total factor productivity, Western Europe, Workforce aging, Workforce cohort

Publication Details

Pages:

119
Volume:

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DOI:

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Issue:

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Series:

Departmental Paper No. 2019/011
Stock No:

DHICAEEEA
ISBN:

9781498319768
ISSN:

2616-5333

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