Analiza dividendelor demografice ale Republicii Moldova
Analysis of the demographic Dividends of the Republic of Moldova

Author(s): Alexandru Fală
Subject(s): Demography and human biology, Human Resources in Economy, Socio-Economic Research
Published by: EXPERT-GRUP Centrul Analitic Independent
Summary/Abstract: In order to favor economic dynamics, public policies need to address the influences determined by both demographic dividends. For example, in the case of occupational policies, it would be welcome to extend the possibilities of keeping people who have passed the retirement age at work, if the elderly want to continue their activity and their state of health is satisfactory. These measures would increase the labor income of the elderly and reduce the gap between consumption and labor income. At the same time, the period during which adults are net producers would be extended and the number of net producers would increase, which would consequently reduce the effects associated with the loss of the advantages offered by the first demographic dividend. In order to increase the opportunities generated by the second demographic dividend, it is necessary to diversify the possibilities of investing savings, which would favor the accumulation of assets and, implicitly, would increase the capital stock. Another important policy direction concerns the promotion of a broad set of reforms that would boost the return on capital, which would boost economic growth and enhance the benefits of capital accumulation.

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