Demographic Decline and Economic Growth: Analysis of Causes and Successful Solutions in World Practice

The article examines the impact of the demographic recession on economic growth, with an emphasis on the experience of foreign countries. In the face of an aging population and a shrinking workforce, many states are grappling with the challenges of sustaining stable economic development. The author analyzes examples from various global economies, exploring strategies employed to mitigate demographic changes, including stimulating innovation, increasing labor productivity, utilization of migration policy resources, and human capital development. Particular attention is paid to developed economies, where demographic issues most acutely affect long-term economic prospects. The author concludes that successful solutions to demographic challenges can be achieved through the implementation of a comprehensive approach and active collaboration among government entities, businesses, and society at large.

Authors

Publication Details

Journal
Общество политика экономика право
Published
2024-10-23
DOI
https://doi.org/10.24158/pep.2024.10.13
Primary Topic
Russia and Soviet political economy
Type
article
Field-Weighted Citation Impact
0.00
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article

Demographic Decline and Economic Growth: Analysis of Causes and Successful Solutions in World Practice

Danila A. Morozov
Общество политика экономика право
Russia and Soviet political economy
article

Demographic Decline and Economic Growth: Analysis of Causes and Successful Solutions in World Practice

Danila A. Morozov
article en

Abstract

The article examines the impact of the demographic recession on economic growth, with an emphasis on the experience of foreign countries. In the face of an aging population and a shrinking workforce, many states are grappling with the challenges of sustaining stable economic development. The author analyzes examples from various global economies, exploring strategies employed to mitigate demographic changes, including stimulating innovation, increasing labor productivity, utilization of migration policy resources, and human capital development. Particular attention is paid to developed economies, where demographic issues most acutely affect long-term economic prospects. The author concludes that successful solutions to demographic challenges can be achieved through the implementation of a comprehensive approach and active collaboration among government entities, businesses, and society at large.

Общество политика экономика право(10)
Reduced inequalities, Decent work and economic growth
Openalex Percentile: Top 71%
Russia and Soviet political economy
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