Documents Rangelova, Rossitsa 5 results

"Recent literature has shown that it is difficult to ascertain the impact of an ageing population on labour productivity. According to the majority of studies, workforce ageing leads to lower employment and a decline in the professional skills of the employed, so we should expect that it has a negative impact on technological changes and productivity. In this article, we present a review of studies on this issue. After that, an empirical study for Bulgaria is provided using sensitivity tests of long-term projections of labour productivity (to 2050), based on population number and age distribution. A model of the International Labour Organisation (ILO) is applied which allows us to calculate three variants of changing age, number and structure of population, assuming three different rates of improvement in life expectancy – fast, medium and slow. The study confirms that an ageing population has a negative effect on labour productivity. The timeframe is long but, with that limitation in mind, the overall direction of the trend is clear. The article concludes with some policy considerations to help ameliorate the effects of Bulgaria's demographic challenge. "

"The enlargement of the European Union (EU) has increased the importance of the issue of migration. The discussion up to now has been focused mainly on migration from central and eastern European countries to western European ones; much less attention has been given to the impact of migration on the economic development of sending countries as well as immigration in them. This paper aims to contribute to a more balanced view of migration regarding both sides of the debate. The article analyses labour migration from and in central and eastern European countries over the last twenty years and discusses the participation and integration of such migrants in the EU labour market. The main hypothesis of the article is that the differentiated labour inflows of immigrants in the two EU regions (western and eastern EU member countries) could have asymmetric impacts on the quality of the labour force (human capital) as well as on economic development, depending on the extent of the substitution and complementarity effects among groups of natives and foreign- born workers "