<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Nowadays, around the world, it can be noticed an important trend towards the pension system reforms. The creation of the European fiscal space, the effects of globalization and the movement of the labour force are important vectors towards creating a new type of social economy. The labour force is constantly moving around the countries that gathered important amounts of capital, especially in industrialized countries. Moreover, the lower levels of the birth rate combined with the increasing level of death rate unbalance the labour market. The entire European continent undergoes a demographical transition period, highlighted by aging and intensive migration. This phenomenon is registered both outside and inside the European Union, especially upon the highest industrialized Western countries. In this context, the human capital role and quality gain an important topic throughout the social and economic developments. In this article, we tackle some important aspects regarding the correlation between the actual <italic>status quo</italic> of population structure and some important features of future pension systems.</p></abstract>

Nowadays, around the world, it can be noticed an important trend towards the pension system reforms. The creation of the European fiscal space, the effects of globalization and the movement of the labour force are important vectors towards creating a new type of social economy. The labour force is constantly moving around the countries that gathered important amounts of capital, especially in industrialized countries. Moreover, the lower levels of the birth rate combined with the increasing level of death rate unbalance the labour market. The entire European continent undergoes a demographical transition period, highlighted by aging and intensive migration. This phenomenon is registered both outside and inside the European Union, especially upon the highest industrialized Western countries. In this context, the human capital role and quality gain an important topic throughout the social and economic developments. In this article, we tackle some important aspects regarding the correlation between the actual status quo of population structure and some important features of future pension systems.

Empirical Approaches Upon Pension Systems in Central and Eastern European Countries. Triangle Assessment: Free Movement of People, Labor Market and Population Health Features

„Vasile Goldiș” Western University of Arad

Studia Universitatis „Vasile Goldis” Arad – Economics Series

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Nowadays, around the world, it can be noticed an important trend towards the pension system reforms. The creation of the European fiscal space, the effects of...

Empirical Approaches Upon Pension Systems in Central and Eastern European Countries. Triangle Assessment: Free Movement of People, Labor Market and Population Health Features

Published Online: Mar 31, 2020

Page range: 1 - 21

Received: Nov 01, 2019

Accepted: Feb 01, 2020

DOI: https://doi.org/10.2478/sues-2020-0001

Keywords
PAYG public pension system, demographic transition, labor market, retirement

© 2020 Ștefania Amalia Jimon et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Empirical Approaches Upon Pension Systems in Central and Eastern European Countries. Triangle Assessment: Free Movement of People, Labor Market and Population Health Features

Published Online: Mar 31, 2020

Page range: 1 - 21

Received: Nov 01, 2019

Accepted: Feb 01, 2020

DOI: https://doi.org/10.2478/sues-2020-0001

KeywordsPAYG public pension system, demographic transition, labor market, retirement

© 2020 Ștefania Amalia Jimon et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
PAYG public pension system, demographic transition, labor market, retirement