Demographic Headwinds in Central and Eastern Europe

Author: Cristina Batog, Ernesto Crivelli, Ms. Anna Ilyina, Zoltan Jakab, Mr. Jaewoo Lee, Anvar Musayev, Iva Petrova, Mr. Alasdair Scott, Ms. Anna Shabunina, Andreas Tudyka, Xin Cindy Xu, and Ruifeng Zhang

Populations of CESEE countries are expected to have negative net birth rates and outward migration, this will effect growth, living standards and other factors

Volume/Issue: Volume 2019 Issue 011

Publication date: July 2019

ISBN: 9781498319768

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Topics covered in this book

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Business and Economics , Social Science , Demography , Labor , DPPP , DP , CESEE country , labor market , public spending , current account , workforce aging , labor force , retirement age , IMF staff calculation , CESEE economy , CESEE workforce , baseline labor force scenario , EU country , per capita income , CESEE population , physical capital , workforce cohort , Aging , Labor force , Total factor productivity , Western Europe , Europe , Eastern Europe , Baltics , Global

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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.