The Effects of Ageing Population on the Economy and on Service Activities in Romania

• Published in: International conference KBO Vol. 24; no. 2; pp. 88 - 97
• Main Authors: Rabonțu, Cecilia Irina, Todoruț, Amalia Venera
• Format: Journal Article
• Language: English
• Published: Sciendo 01.06.2018
• Subjects: Effect on the economy; Population ageing; Quality of life; Romania; Service Activities
• ISSN: 1843-6722; 2451-3113
• DOI: 10.1515/kbo-2018-0071

Romania's ageing population is a fact well established by specialists in statistical data analysis. The effects of this irreversible phenomenon, which is difficult to counteract in the current circumstances, are multiple - on the economy, generally, but especially on the service activities which are necessary for the target population - "old age" - in order to increase their quality of life. In this paper we proposed to analyze the level of ageing of the Romanian population, to identify the effects of this phenomenon on the economy and on the major economic sectors with emphasis on service activities. Tertiary sector activities are divided into two categories namely: those that can improve the quality of life of elders and services absolutely necessary for them - elderly care services, medical services, spa treatment services, social services etc.In order to achieve the objectives proposed in this paper, we used the analysis of the specialized literature on this subject up to this point and the descriptive statistics with which we interpreted the statistical data found in the official databases. The results of this study are to establish the existing relationship between the ageing process of the Romanian population and the response of the economy, and especially of the services to the needs of the elderly