THE SILVER ECONOMY AND ITS IMPORTANCE TO SOCIETY
THE SILVER ECONOMY AND ITS IMPORTANCE TO SOCIETY

Author(s): Gabriel-Catalin Tomaziu-Todosia, Felicia-Cătălina Apetroi (Răcoare), Iuliana-Claudia Mihalache
Subject(s): Socio-Economic Research
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: economy; silver economy; active aging; health;
Summary/Abstract: Based on the need for a prosperous economy and society, the medical system is one of the important factors in maintaining the health of the population, which is essential to the economy. The modern organization of society, aimed at increasing productivity, intensity, and quality of work, leads to early wear and aging of the human body, an increase in the frequency of illnesses, and thus, most of the time, early retirement from the labour field. In this sense, the ways of financing the health sector are important for the expansion of the network of medical services, the creation of medical, social, and professional recovery systems, the continuous improvement of the health sector, and the activation of people for a longer period of time in their work fields. By developing this article, the authors propose to trace the formation of the silver economy concept, the evolution of retirement, active aging that has a significant contribution to the economy, as well as their repercussions on the economy. It is obvious that active aging took shape from the need for a balance in the economy regarding retirement cases. The evolution of relations related to the labour market against the background of economic and social development is necessary to lead to an increase in interest in ensuring an optimal standard of working and living conditions for the population in order to reduce the repercussions of a low standard of living on the economy, by reducing the force of work.

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