ECONOMICS OF POPULATION AGING WITH SPECIAL REFERENCE TO CROATIA
ECONOMICS OF POPULATION AGING WITH SPECIAL REFERENCE TO CROATIA

Author(s): Antoaneta Klobučar
Subject(s): National Economy, Economic policy, Social Theory, Demography and human biology, Gerontology, Sociology of Politics, Socio-Economic Research
Published by: Sveučilište Josipa Jurja Strossmayera u Osijeku, Ekonomski fakultet u Osijeku
Keywords: economics of population aging; depopulation; population aging statistics;
Summary/Abstract: One of the most important social changes in recent times is the extension of people’s life span and the remarkable increase in the number of older people in a particular country, including Croatia. This change in the ratio between the older and the remaining population has numerous sociological, economic, and social consequences that are increasing yearly. These consequences include, among other things, the increasing burden on health and pension insurance and the growing need for the care of older people, such as homes for the older and professional staff trained to care for the older people. Today’s trend in Croatia and beyond is that young people do not stay in the cities where their parents live, many not even in the country, and that older people are often left to fend for themselves. On the other hand, there is the economic factor, small pensions, which are often insufficient to cover accommodation costs in a home. Not to mention that far too few such facilities meet the existing needs. As a result, an increasing number of people are on the brink of everyday survival as they age. Moreover, with the constant increase in the number of retirees compared to the working population, it is to be expected that this situation will only worsen. This raises the question of how best to respond to these challenges.

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