The problem of demographic change in Germany

 

 

 

 

 

 

 

 

 

 

 

German population trends show continued demographic decline and ageing. This can be explained by changes in fertility, mortality and immigration rates. Low fertility leads to smaller numbers of infants every year, which, compounded by low mortality and, consequently, larger numbers of elderly, shifts the population ratio. Incoming migrants used to counterbalance this ratio but this is no longer sufficient to replace youth not born in Germany. This results in a lack of people in the working age. Especially the retirement sector will have a lack of workers, because the amount of needed of people needed will raise due ageing population. Furthermore there are at least three major challenges: the adaptability of social security systems sustaining economic growth, and preserving social cohesion which Germany has to face in the next years.

On average, Germans start work at the age of 19, retire at just under 62, and then spend over 15 years in retirement. If the forecasts are right that in ten years’ time the life expectancy of the Germans will increase from 77.5 to just under 81 years, pensioners will have to provide for another four years without going to work. The years they gain will become cost factors, burdening the state pension funds.

3 thoughts on “The problem of demographic change in Germany

  1. It is not doubt that demographic change is one of the megatrends and major challenge to European economy. In Germany in 2050, every third German will be over 60 years old. The problem is the low birth rate. German women have 1.3 children on average compared to 1.9 for the French. But it is interesting that Britain’s population by 2060 will increase by 25% from the current figure of just over 61 million to almost 77 million. British birth rate now it’s highest in a generation – 1.91 children per woman. Why? Maybe reason can be immigration; however it is worth to study their demographic government policy. What about my country (Slovenia). As far as I know at the beginning of the eighties, the birth-rate for Slovenia was 2.1 and in recent years has fallen below that level and the number of births is falling each year for around 3%.

    Reply
  2. The demographical change is a big issue in today´s world. As you truely said in your article some reasons are changes in fertility, immigrations, and also many women nowadays want to be successful in their jobs and put their familiy wishes on second run. And in general families are not so big anymore, like their have been in former times.
    This will in the longrun lead to a huge shortage of workers available on the labour market. Companies and also governments have to be aware of this demographic change and need to build up strategies to reacht this upcoming trends. Ohterwise we will get in serious troubles regarding our social securiy and retiring system and we have to face problems on the labour market aswell.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s