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CHALLENGES AND OPPORTUNITIES RELATED TO AGING POLICY TO ENSURE ECONOMIC GROWTH AND INNOVATION IN THE SLOVAK REPUBLIC
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CHALLENGES AND OPPORTUNITIES RELATED TO AGING POLICY TO ENSURE ECONOMIC GROWTH AND INNOVATION IN THE SLOVAK REPUBLIC
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CHALLENGES AND OPPORTUNITIES RELATED TO AGING POLICY TO ENSURE ECONOMIC GROWTH AND INNOVATION IN THE SLOVAK REPUBLIC
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Conference Proceeding
CHALLENGES AND OPPORTUNITIES RELATED TO AGING POLICY TO ENSURE ECONOMIC GROWTH AND INNOVATION IN THE SLOVAK REPUBLIC
2022
Overview
Population aging is already one of the biggest challenges for all EU countries and hurts all spheres of society. That is why the European Commission, in its Green Paper on Aging 2021, also calls for a debate on new opportunities and opportunities for an aging European society. The projected growth in the number of elderly people and the decline in the economically active is perceived not only as an economic but also a social threat. We are unlikely to be able to reverse this undesirable process, so it is necessary to shift the negative perception of the aging process as a burden on public finances to the perception of aging as an opportunity for sustainable economic growth. Older people are able to make a significant contribution to creating social and economic value in our society. The elderly population is an important and essentially growing group of consumers. The financial situation of seniors is gradually stabilizing, as the vast majority of them no longer have obligations, their own housing has been paid for and their children are already insured. The Slovak Republic associates demographic development mainly with expenditures on the social and health system, but so far it abstracts from the penetration of aging into other areas and does not reflect on the possible opportunities of securing economic growth as the population ages. In this paper, we aim to identify selected sectors for socio-economic challenges and opportunities related to the aging population and outlining measures to ensure economic growth and innovation using the potential of a growing group of silver generation in the Slovak Republic.
