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Demographics: the vulnerable heel of the European Achilles

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European View

Abstract

Europe is currently under pressure from both the economy and demography. Six years after the onset of the global financial crisis, there are still no signs of a strong recovery. Moreover, demographic shifts have affected the size and structure of the European population, which is the fastest ageing in the world. These trends are inexorable and will be very hard to break unless major changes take place in the mentality of both policymakers and society at large. This article explains how the mixture of these adverse economic and demographic prospects puts the whole continent at high risk and will undermine its economic and political influence in the years to come.

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Notes

  1. Population doubling time corresponds to the number of years required for the total population to double in size if the annual rate of population change is kept constant.

  2. Replacement fertility is the minimum average number of children per woman required to ensure that a generation replaces itself in size. This number is conditioned by mortality rates (especially at young ages) as well as the sex ratio at birth. Currently, at a global level, a total fertility rate of 2.1 children per woman is used as a rough approximation of replacement fertility.

  3. Things might be even worse if this was not the case. Declining mortality coupled with steadily high fertility would have led to uncontrollable population growth rates.

  4. This mostly applies to areas of low population density where demand for transportation, medical care, emergency services and leisure activities will be hard to justify under strictly financial criteria.

  5. Current experience shows that in times of political and social tension, such as that currently being experienced by countries in North Africa and the Middle East, ‘controlled’ or ‘selected’ migration is more wishful thinking than an actual policy option. It goes without saying that additional measures, along with all the necessary resources, should be taken to address the highly acute issue of illegal border crossings.

  6. This goal could be attained through improvement of the link between education and the labour market, the development of a knowledge-based society, and/or life-long training.

  7. Mostly by increasing participation rates among inactive women and younger retirees, as well as those who are unemployed.

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Correspondence to Alexandra Tragaki.

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Tragaki, A. Demographics: the vulnerable heel of the European Achilles. European View 13, 277–285 (2014). https://doi.org/10.1007/s12290-014-0317-3

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