ДЕМОГРАФСКИ ДЕТЕРМИНАНТИ НА НОВАТА ТЕОРИЯ ЗА ИКОНОМИЧЕСКИ РАСТЕЖ
DEMOGRAPHIC DETERMINANTS OF THE NEW ECONOMIC GROWTH THEORY

Summary/Abstract: The article describes the effects of demographic transition (death decline and improvement of human capital) on the value of national income. It focuses on the binding of demographic change to economic transition in terms of increasing and improving the mass of human capital as the theory of endogenous growth prescribes. The significant role of improved social and health conditions on generating stable rates of economic growth is defined both in short and long term. The contradictory effects of demographic variables on the economic growth are analysed using the reproduction cycle. In order to analyse profoundly the effects of increased longevity on macroeconomic stability is presented an alternative view about the negative effects of increased longevity on the whole economy.

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