EUROPEAN PAPERS ON THE NEW WELFARE

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Intertwining of Ageing and Sustainability in Eastern Europe

Abstract

According to a recent World Bank report most East European countries are expected to experience a population shrinking and aging by 2025. They call this effect a transition from red to gray. An analysis of the sustainability of this demographic transition is presented here. We demonstrate that in order to mitigate most of the negative effects of this transition it must be accompanied by the building of a knowledge-based society.
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