Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/31819
Title: Demographic changes in transition countries : opportunity or obstacle for economic growth? Case of Montenegro
Authors: Bacovic, Maja
Keywords: Economic development -- Montenegro
Demographic transition -- Montenegro
Fiscal policy
Issue Date: 2007
Publisher: University of Piraeus. International Strategic Management Association
Citation: Bacovic, M. (2007). Demographic changes in transition countries: opportunity or obstacle for economic growth? Case of Montenegro. European Research Studies Journal, 10(3-4), 31-44.
Abstract: Demographic changes have aroused considerable anxiety in transition countries, affecting fiscal policy, labor markets, investment and savings behavior. Montenegro faces an aging population, falling fertility rates, low income per capita, low savings rate and a national budget constrained by fiscal deficits, escalating social costs, and foreign debt service problem. Devising a viable solution for the economic and social welfare of current and future generations is critical.
URI: https://www.um.edu.mt/library/oar//handle/123456789/31819
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 10, Issue 3-4



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